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...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.