Protecting Intergenerational Wealth and Understanding Estate Duty
Duration: 2 hours
Price: R195.00
Protecting Intergenerational Wealth and Understanding Estate Duty
Presenters : Carmen Westermeyer
Overview
Mention the word "Estate Duty," and the responses you receive are often tinged with a sense of fear. It is a tax that people spend a lifetime planning for, yet it accounts for only a small fraction of tax collections. So why is so much attention paid to it? When it goes wrong, it can go spectacularly wrong—just ask the Ellerines family, who are involved in a recent high-profile case.
In this video, Carmen Westermeyer provides a refresher on Estate Duty and the intricacies of its function. She also focuses on the current state of estate planning, including trends, practical workarounds, and potential hazardous pitfalls in the required processes.
Video Content
- The definition of Estate Duty according to the Act
- How Estate Duty fits into the broader tax environment
- Current trends in estate planning
- Common pitfalls in estate planning
Competencies Developed
After watching this video, you will be able to:
- Understand the role of Estate Duty and perform the applicable calculations
- Gain awareness of current trends in estate planning
- Understand the SARS processes for administering deceased estates