A testator’s last wish – what to expect
When drafting a will, the focus is often only on compliance with the formalities of drafting it, and sometimes we fail to consider the practical aspects involved.
The importance of having a well-drafted, valid will
A will is a legal document that contains the free and independent wishes of the testator regarding the distribution of the assets in his or her estate at the time of death.
Good communication crucial for achieving profit
Farmers must spell out to workers what their duties are and regularly review their performance against set goals.
Find the right market for your community
It’s important to learn as much as you can about the marketing of livestock and other agricultural commodities.
Succession: are you and your farming business ready?
Succession planning of the family farm is often taken for granted as the transition to the next generation is assumed to be an uncomplicated process. Little or no thought is given to planning and grooming of a successor.
Subdivision of Agricultural Land Act 70 of 1970
In South Africa, a testator or testatrix has the freedom to leave their assets to whoever they please. But certain statutory limitations affect the freedom of testation. One is the Subdivision of Agricultural Land Act 70 of 1970.
What butchers and abattoirs look for
To increase your profit, you need to know the age and body condition of your animals and what prices to expect from the markets. Remember, a heavier carcass may not mean more money.
Smartphone apps – a clever weapon against intruders
With the development of new, customised technology, a smartphone can function as a highly effective crime prevention and safety device.
Estate Duty and Donations Tax increase
Estate Duty is a tax which is payable by every person who dies and who was ordinarily resident* in South Africa at the date of death or who was not ordinarily resident but owned assets in South Africa at date of death.
Water availability: crucial to profitable livestock production
Fresh water is becoming an ever-scarcer resource. This places all forms of agriculture, including livestock farming, under increasing pressure, warns Shane Brody.
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The repo rate in South Africa has been slashed from 6.75% to 6.5%. Typically, a decrease in interest rates causes house price growth, so it’s great news for the property market.
Waste management fundamentals
By law, you are required to store or dispose of waste responsibly. Failure to do so may result in a fine. More seriously, it harms the environment.
