Estate Planning – The New R3.5 million Abatement

The 2009 Taxation Laws Amendment Bill will introduce a new way of applying the R3,5 million estate duty abatement and with it, significant and unexpected estate duty savings for some estates.

In this issue of Estate Planning Essentials we look at the technical background to the amendment as well as at some of the considerations which should be taken into account when reaching a decision regarding the use of the abatement as an estate planning tool. Read on….