Claiming funds from a deceased loved one's bank account in South Africa involves notifying the bank, obtaining necessary documents, and understanding the roles of executors and administrators. This guide outlines the steps and provides contact details for major banks' deceased estates departments.
less than half of the outstanding payments to beneficiaries have been disbursed, as reported by the Department of Justice and Constitutional Development. This delay poses a real threat to beneficiaries, hindering their ability to access the funds intended for their well-being.
The courts, in a series of groundbreaking judgments, have unequivocally established this principle. As a result, individuals may initiate divorce proceedings in customary marriages without the need for a formal marriage certificate. Instead, the legal journey begins with a humble yet powerful document - the lobola letters, if any.
In South Africa, the battle for father's rights and the fight against deadbeat dads are making headlines, and fathers are stepping up to the plate like never before. While challenges still exist, there's a growing wave of dads determined to be actively present in their children's lives. From custody battles to financial responsibilities, we explore the hurdles fathers face and provide valuable insights on how to enforce their rights. So, if you're a dad looking to make a difference in your child's life, keep reading! We're here to help you navigate the path to being the superhero dad your kids deserve.
According to the law, a beneficiary of an RDP house cannot let the property for remuneration or sell their property if they have not owned and lived in that property for at least eight (8) years. If a person decides to rent out or sell their RDP house before the prescribed eight-year period as prescribed by the law, they will forfeit such property and the provincial housing department shall be deemed to be the owner of such property.
The penalties for recording or filming individuals without their consent can be severe. POPIA allows for administrative fines of up to R10 million (South African Rand) or 10% of the annual turnover of the responsible party, whichever is higher.
A family trust can provide a level of protection for your assets. By transferring assets to the trust, they are no longer personally owned, which may offer some protection from creditors, potential lawsuits, or other financial risks.