Managing Deceased Estates: A Practical Guide
At Swemmer & Levin, we know handling a deceased estate can be challenging and emotional. Here’s a straightforward guide to help you through the process. What is a Deceased Estate? A deceased estate includes all the assets and liabilities left behind by someone who has passed away. This might consist of property, bank accounts, investments, […]
The Intent to Revoke a Last Will and Testament
The Western Cape High Court recently examined whether a person had the intent to revoke their existing will. The deceased, hospitalised with COVID-19, expressed a desire to revoke their will and draft a new one. However, the court found that the necessary intent to revoke was absent, emphasising the importance of complying with the Wills […]
Rouwkoop Clauses: What Is It and Is It Enforceable?
The rouwkoop clause, frequently featured in agreements between sellers and purchasers, grants the seller the right to retain a portion or a specified amount of the payment if the agreement is cancelled. The general principle, which normally applies when an agreement between two parties is cancelled, whether unilaterally or by agreement, is that of restitution […]