Archive for May 2015

WHEN CIPC DEREGISTERS YOUR COMPANY…

If, for whatever reason, the Companies and Intellectual Property Commission (CIPC) did not receive your company (or CC)’s annual return on due date, it will assume that the company is inactive and will start the deregistration process – the legal effect of which is that the company ceases to exist. Deregistration is disastrous That has…

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YOUR HOUSE IN A FAMILY TRUST – WHAT HAPPENS TO IT ON DIVORCE?

“….. trust assets held by a trustee in trust, do not form part of the personal property of such trustee as a matter of law” (extract from judgment below) What happens if your home is registered in the name of a trust and you get divorced?  Do you get a share of the house’s value?…

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