A critical element in ensuring our children’s welfare after we are gone is of course providing for them financially.

But that involves more than just drawing a will. Your will must be structured correctly, and an important aspect of that is to protect minor children’s inheritances until they turn eighteen. Otherwise, those inheritances might well end up in the government-run Guardian’s Fund. We’ll explain why that’s not a great idea at all, and we’ll suggest a way to avoid that risk.
 


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September 2023 NEWSLETTER
How to Protect Your Children’s Inheritances from Ending Up in the Guardian’s Fund

A critical element in ensuring our children’s welfare after we are gone is of course providing for them financially.

But that involves more than just drawing a will. Your will must be structured correctly, and an important aspect of that is to protect minor children’s inheritances until they turn eighteen. Otherwise, those inheritances might well end up in the government-run Guardian’s Fund. We’ll explain why that’s not a great idea at all, and we’ll suggest a way to avoid that risk.
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Landlords: You Cannot Cut a Defaulting Tenant’s Water and Electricity
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Your tenants stop paying rental, but stubbornly refuse to vacate whilst you must keep on shelling out for bond instalments, rates, repairs and municipal services. The temptation grows - cut off their electricity and water, stop them freeloading off you, get them out so you can re-let to better tenants.

A recent High Court decision demonstrates once again why taking the law into your own hands like that is playing with fire. We’ll end with a note on why your lease should always be in writing, clear and comprehensive. 

   
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A Dishonest “I’m Too Sick to Come to Work” Excuse is a Firing Offence
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Taking advantage of an employer’s sick leave policy may seem to some employees like a fun game to play, but beware – it can backfire badly!

Both employers and their employees should take note of a recent Labour Court decision confirming the dismissal of an employee who, after calling in sick and obtaining a doctor’s note to confirm his inability to work, was nevertheless able to take part in a public protest action that involved singing and clapping. Unfortunately for him, his supervisor saw him at it on the evening news…
   
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Debt Collection – Two Recovery Options
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The profitability of your business, even perhaps its survival, could depend on how effectively you collect from your debtors. So, when a recalcitrant debtor starts giving you the runaround and doesn’t respond to polite requests for payment, you should think of going the legal route.

Although specific legal assistance is always the best way to maximise your chances of a successful recovery, the process needn’t be complicated. We’ll discuss two possible strategies - a “typical” debt collection process, and a “dynamite” alternative.

   
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Legal Speak Made Easy
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“Fictional fulfilment”

You may come across this term in contractual disputes, where one of the parties deliberately prevents fulfilment of a suspensive condition in order to escape the sale. With property sales, it usually relates to the “bond clause”, where the whole sale is “suspended” until the buyer is granted a bond. The buyer gets cold feet and intentionally frustrates the granting of a bond. In appropriate circumstances, a court can then “deem” the condition to have been fulfilled through the old legal doctrine of “fictional fulfilment of a suspensive condition”.

   
belinda@belindasandwith.co.za www.belindasandwith.co.za Website Contact Page
Disclaimer

The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice.


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