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LawLab

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2 contributions to LawLab
2. Legal Guidance at Your Fingertips for Only R99/Month
For just R99 a month, you gain access to a wealth of legal knowledge and resources tailored to your everyday needs. - Daily Q&A sessions with Francois himself - Live dicussions with experts, like auditors, bond originators, financial advisors, etc. - Full access to all our courses, resources, and much more Join here: https://www.francoisvorster.com/lawlab/ (You can cancel at anytime, no strings attached.) Whether you're facing a pressing legal question or simply want to be better prepared for life's legal twists and turns, our membership offers you the support you need at an unbeatable price. This is your chance to access expert guidance, essential documents, and step-by-step plans without the hefty legal fees. With your membership, you’re not just getting answers—you’re gaining peace of mind. Imagine having a legal lifeline whenever you need it, from navigating property sales to handling sensitive family matters. Join our community and let us help you tackle legal issues confidently and affordably.
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New comment Sep 6
1 like • Sep 6
Hi I have subscribed but cannot see the live meeting link. Is there something I should do?
Donation or Inheritance?
A mother wants to give her house to her eldest son. She has two other children one who has verbally indicated he wants nothing to do with the property or the mother and another who the eldest entrusted his house to and placed the title deed of his own house on her name and she refuses to give it back to him. Is it more cost-effective for her to: 1) donate the house to him 2) sell the house to him 3) leave it in her will for him To secure her there would need to be a usufruct that she has exclusive use of the property until her passing if it is not left in her will for him. She is a pensioner, does she pay Capital Gains Tax if the property is valued at between R500 000 and R700 000. Does she pay transfer duty? If it is a donation what are all the costs to consider? We are trying to figure out the best route to take.
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New comment Sep 5
1 like • Sep 5
The eldest son does not have a lot of money and will likely have to cover all the costs of the transaction so that the mother doesn't have to.
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Ferial Moola
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1point to level up
@ferial-moola-2512
Adulting is hard work and all degrees should be preceded by a law qualification.

Active 36d ago
Joined Sep 5, 2024
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