#WATCH I This webinar will unpack the pertinent estate planning considerations to ensure adequate planning for crypto assets, including crypto currencies, non-fungible tokens (NFTs), Kitties and several other forms of crypto assets. The webinar will also provide guidance and considerations for drafting the last will or testament.

Estate Planning

Overview

This webinar will unpack the pertinent estate planning considerations to ensure adequate planning for crypto assets, including crypto currencies, non-fungible tokens (NFTs), Kitties and several other forms of crypto assets. The webinar will also provide guidance and considerations for drafting the last will or testament.

The following points will be unpacked during this webinar:

• How to deal with the crypto assets, not knowing the nature of the assets to be held on the date of death.
• May the executor gain or be granted access to blockchain and encrypted wallets?
• Exchange control, Tax Act, and other regulatory restrictions to consider.

Competencies developed in this CPD

After attending this webinar, you will be:

• Able to understand the considerations for estate planning in the modern world.
• Knowledgeable about taxation of blockchain “assets,” crypto assets, and other modern assets.
• Able to advise clients on the exchange control considerations, i.e., acquiring, trading, and inheriting foreign assets including crypto assets, NFTs and Kitties.

Presenter

Hugo van Zyl

CA(SA) TEP MTP(SA), Cross-Border and Tax Specialist

Hugo is an experienced trainer, lecturer and "go-to" industry specialist. It comes as no surprise that SARS appointed him to lecture on capital gains tax and worldwide taxation based on residency. In the last six years, he has presented at least once a quarter, for anyone of the many professional bodies he belongs to.

Hugo is internationally known as @Wegkaner (on Twitter), taking special care of South Africans residing outside South Africa, or planning to relocate out of South Africa.

Based in Cape Town, he is proudly South African yet holds a United Emirates Residency permit, because of his UAE registered practice aimed at expats. Hugo's client base is global, includes intermediary firms, local and international financial institutions and often the powers to be at the professional regulatory bodies he belongs to.

Hugo was one of the first advisers able to assist South Africans living abroad, to emigrate and extract their retirement funds from South Africa formally, initially trading as FFI, after that TAXFORUM once upon a time being part of the emigration teams at Maitland, Cashkows (now FinGlobal) in Hermanus, Breytenbach Cross-Border Advisors (Cape Town) and more lately FNB's Fiduciary unit. The First Rand Bank stint was short yet a most exciting journey.

Hugo serves on the SAICA Tax Committees sub-committee dealing with SARB FinSurv (or Exchange Control) matters.

During 2018, providing advisory services using e-meetings and platforms were questioned. Yet, today in the Covid-19 era, Hugo's business model using online platforms became the norm. It is therefore not surprising that most his clients live outside South Africa and his in-depth understanding of the various double tax agreements, often leaves his foreign-based colleagues astounded. In South Africa, his local company provides much needed support and guidance to other small and medium-sized firms.

CPD

This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points.

Event Investment

CPD Subscribers: 100% discount for 2022 Tax Practitioner and Tax Accountant CPD subscribers. Not a CPD subscriber yet? Click here to register now.

Regular price: R495.00

SAIT member: R395.00

Group price 1 (max 5 people): R950.00

Group price 2 (max 10 people): R1 800.00

Group price 3 (max 15 people): R2 500.00

Payments and cancellations

• All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.
• Kindly note that should payment not be received 2 days after the event, legal action will be taken
• Proof of payment will be requested at registration, if payment does not reflect on Taxfaculty`s bank account.
• Only written notice of cancellation will be recognized.
• Conditions:
  • If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.
  • If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.
• Delegates who book and fail to attend will be liable for the full event fee.
• Taxfaculty`s liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
• Please click here for the full terms and conditions.