Overseas assets? Plan properly to avoid SA estate duty shock

15 September 2019 - 00:09 By Harry Joffe

South Africans are increasingly building up estates offshore. The question is, what are the estate duty consequences in SA when they die?

Consider this scenario. Mr A dies. He has a flat in the UK worth R5m and a bank account worth R500,000. His estate in SA is only worth R2m. He leaves everything to his children...

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