Dictionary-Family – WEALTH@WORK

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Generational Wealth passed on by Wealthy Families 70% (est.) of wealthy families lose their wealth by the second generation. By the third...

Ever heard of Inheritance Tax? Inheritance tax is the tax payable by the deceased’s estate. It includes (where applicable): Estate Duties Capital...

What happens when a person dies without a will? When there is no will in place, the government takes on the responsibility...

Types of Trusts There are 2 types of trusts that can be registered. (1) An inter-vivos trust, which is created between living...

Is Black Tax a burden or a responsibility? Some professionals consider Black Tax a burden because it causes financial distress to the...