We have one of the largest and most efficient property divisions in the Cape Metropole. Our services include the following:
- The drawing up of contracts and the registration of transfers.
- The arrangement of finances, liason with financial institutions and bond originators and the registration of bonds.
- Advice on:
- Sectional title developments as well as group housing schemes developments
- The rezoning and subdivision of land, township development and property servitudes.
- Share-block schemes and retirement complexes.
- Corporate housing schemes and affordable housing.
- Comprehensive notarial services.
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The success of a business depends to a large extent on its structure. At VGV we will guide you as to whether a project should be undertaken in a company, close corporation, trust or partnership.
Related services include:
- Registration of companies and close corporations and the drawing up of shareholders’ agreements.
- Creation of trusts.
- Drawing up of partnership and joint venture agreement.
- Assistance with the purchase and sale of a business, mergers and take -overs.
- Registration of trademarks and patents.
- Insurance law.
- Pension law.
- Energy law.
- Construction Law.
- Competition Law.
For more information, contact Pieter Venter with any queries.
Tax legislation changes regularly and continual tax and estate planning is therefore essential.
At VGV we can assist you:
- with judicious planning to avoid paying unnecessary tax.
- with drawing up wills and creating trusts that limit estate duty.
- in lawsuits regarding VAT, donations tax and capital gains tax.
For more information, contact Pieter Venter with any queries.
The Constitution of South Africa has far-reaching consequences for every citizen. The attorneys at VGV are well informed of the latest developments in this field, which ensures that your interests, particularly in your daily contact with government institutions, are protected.
For more information, contact Dorcky Mohohlo with any queries.
Motor vehicle Accidents
We handle third-party claims of clients injured in motor vehicle accidents, as well as claims for damages.
We represent clients in criminal and civil cases in magistrate’s courts and the High Court.
We handle applications for sequestration and liquidation and apply for the rehabilitation of insolvent persons.
We draw up service agreements and represent clients in labour disputes.
- Drawing up and amendment of ante-nuptial contracts.
- Divorce cases and settlement agreements.
- All matters pertaining to children’s rights.
We are geared to do any Collections as instructed by our client (soft approach or legal). We have a dedicated team with the relevant experience to handle matters effectively.
We have daily contact with courts in the Western Cape and a countrywide network of correspondents to ensure the effective collection of debt.
We treat debtors courteously and always within the ambit of the Magistrate’s Court Act and will always consult with our client before proceeding with a Sale in Execution or an Eviction.
As Attorneys, we are able to provide legal assistance in matters incidental to the collection of debt. We are also in a position to oppose applications for debt review and administration orders.
We are also equipped to bring liquidation and sequestration applications against the different entities, should the situation so require. We provide all encompassing “in-house” debt collection service to you.
Our system ensures that any information required about a debtor, can be obtained by the click of a button.
We have an effective electronic accounting system in place that will ensure that all payments and the relevant financial statements are received by you timeously.For more information, contact Hennie Lombard with any queries.
Dealing with the loss of a loved one due to death is hard enough and winding up the affairs of that person should not add to the hardship. At VGV we lessen the burden of the administration process involved when winding up the affairs of the person who has passed on.
At VGV Attorneys we have over 30 years of experience in the administration of deceased estates and will ensure that the process is administered efficiently and as expeditiously as possible.
The estates of all deceased persons who owned are assets must be reported to the appropriate Master of the High Court who appoints an executor to administer the estate. Appointment of an executor follows the nomination in terms of the deceased’s Last Will and Testament. The beneficiaries nominate an executor if the deceased fails to do so, or dies without a will. At VGV we accept nominations to act as executor, or act as agent on behalf of the appointed executor.
The Administration of Estates Act 66/1965 prescribes a list of legal formalities which must be adhered to when administering deceased estates. This includes the placing of advertisements in a local newspaper and the Government Gazette notifying creditors and debtors of the estate; collecting assets held in the name of the deceased; opening a separate bank account in the name of the estate; paying creditors their claims; drafting a liquidation and distribution account reflecting all assets and liabilities and details of the distribution of the balance to the heirs. Further duties of the executor includes placing advertisements to notify all interested parties when the liquidation and distribution account will lie open for inspection at the relevant Magistrate’s Court; distributing the balance to the heirs and lodging proof of distribution with the Master. This sounds fairly straightforward but in practice all sorts of complications can arise.
The following is an indication of the costs that are involved when administering an estate:
- Master's fees payable to the Master of the High Court (which is calculated according to a specific formula, with a maximum fee of R600).
- Executor’s fee, which is determined from time to time in terms of the Administration of Estates Act. The prevailing tariff (excluding VAT) is:
- 3.5% of the gross value of the estate assets, including the gross value of assets of spouses married in community of property (excluding assets which do not form part of the estate and is transferred directly to beneficiaries), and
- 6% of all income collected after date of death (e.g. rentals, interest and dividends).
- Valuation costs of assets which have to be valued for estate purposes. The Master may insist that the assets of the estate be valued by a sworn appraiser. An appraiser is entitled to a fee which is calculated according to a sliding scale. The appraiser is also entitled to levy kilometre charges, which are also calculated on a scale determined from time to time.
- Advertising costs in a newspaper published in the area where the deceased ordinarily resided, and in the Government Gazette.
- Bank charges.
- Transfer costs of fixed property. Before an estate can be finalised, fixed property forming part of the estate must be transferred into the name of the rightful heir thereof in terms of the Deeds Registries Act. The costs involved are payable from the estate. The transfer costs are calculated according to the value of the fixed property, on a sliding scale.
- Cancellation costs of bonds registered over fixed property in the estate. The executor must cancel all bonds registered over fixed property forming part of the estate after the outstanding balances on them have been settled in full. The costs involved are payable by the estate. The costs are calculated according to the amounts of the bonds over the property.
- Funeral costs form part of the claims against the estate, and are payable from the funds of the estate.
- Estate Duty might also be payable to SARS if the value of the assets in the estate exceeds R3, 5 million.
For more information, contact Melanie Vlok with any queries.
Congratulations on your engagement and upcoming wedding!
The most important thing about your big day, apart from the flowers, the dress, the photographer and all the other detail, will be the promise that you make to the one you love in front of all the witnesses present.
Although this will be the most beautiful day of your life, the legal implications of this big step should be crystal clear to both you and your betrothed. An appointment with an attorney is not the most exciting part of organizing your wedding, but in order to have a financially secure future, it is very important to know the legal position surrounding your choice.
We aim to make this experience as pleasant as possible. Your marriage will be In Community of Property if you marry without an antenuptial contract.
To protect your assets from your spouse’s creditors, you must enter into an antenuptial contract before conclusion of the marriage. Ignorance of the law is no excuse. A High Court application to change your marital status afterwards will be costly and expose you to unnecessary risks.
We work in close conjunction with Finlac who provide professional estate planning services.
For more information, contact Franscois van Gijsen with any queries.
At VGV we offer a full range of services to protect your interests and to assist you. Do contact one of our attorneys about your needs.
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