Following the release of the Davis Tax Committee's First Interim Report on Estate Duty, there has been a great deal of concern about some of its proposals.  In this edition we will be commenting on the various proposals, which should highlight the importance of proper planning when dealing with matters relating to estate planning, wills, trusts and international structuring.

The fiduciary segment makes up one of the five wealth management areas of Nedbank Private Wealth, as seen in our opportunity chart:

Before considering any investment options it is essential to plan to ensure that the right wealth management structures are in place, both for during your lifetime and thereafter.  Fiduciary services at Nedbank Private Wealth are aimed at building solid foundations for you and the next generation, protecting your wealth and securing your legacy.

Complexity often increases with increased wealth. At Nedbank Private Wealth we offer you estate planning services and solutions to establish and implement estate and succession plans to protect the interests of yourself and your family, preserve family wealth, avoid expensive delays in estate administration, protect your assets from creditors and plan family wealth succession, while incorporating efficient solutions to tax and estate planning challenges. The correct structure for you will be determined by your unique needs and circumstances.

Our focus is on developing a long-term relationship with successive generations, enabling us to assist you and your family members with your and their goals and build foundations that embrace more than just financial success. We aim to preserve your family wealth, avoid complexity and provide a framework for ensuring that you and your heirs enjoy that wealth.

We have an inhouse team of fiduciary specialists who have the requisite technical expertise and who stay abreast of the latest legislative and regulatory changes to help you structure your wealth effectively. They embrace the complexity and nuances of structuring substantial family wealth. They thrive on the detail you may not wish to be involved in and are therefore able to provide you with an expert view and impartial advice customised to your specific needs. Although they do not provide tax and/or legal opinions, they comprehensively explain the legal and/or tax consequences relating to estate planning and South African and international structuring.

Estate planning > read more

International > read more

Trusts > read more

Wills > read more

We have fiduciary specialists located in each of our main centres:

Western Cape: Ronel Williams and Ilze Els

Gauteng: Graham Patrick

KwaZulu-Natal: Pending the imminent appointment of a dedicated fiduciary specialist in this region, the fiduciary specialist teammembers above provide support also to this region.

Head of Fiduciary: Tracy Muller

We hope you enjoy reading this newsletter and welcome your feedback.