Re-naming towns and cities is not a new thing in Africa – Jacques Moolman: Re-naming towns and cities is not a new thing in Africa. . No, a Gqeberha is not a citizen of a province in Canada. Gqeberha is the new name for Port Elizabeth, or Ib ... Source: "Port Elizabeth" - BingNews. Life as a one percenter: The lyrics from Pink Floyd’s song ‘Money’ seemed highly appropriate last week as I discovered to my surprise that I am among the top 1% of wealthiest South Africans measured by net asset … [Read more...] about Re-naming towns and cities is not a new thing in Africa – Jacques Moolman – Port Elizabeth in the News
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Pieter Willem Moolman: To Trust Property or Not
www.MyPE.co.za: A client is considering a property purchase and would like to know whether it would be better to buy it as an individual or in a trust, writes financial planner Pieter Willem Moolman. Property intelligence is not everyone's forte and, unfortunately, there is no one-size-fits-all answer - so much depends on a person's situation. Knowing my client's personal financial position, I'm well-placed to advise her on her options. For estate-planning purposes, a trust is ideal. In … [Read more...] about Pieter Willem Moolman: To Trust Property or Not
Pieter Willem Moolman: The Show Must Go On
www.MyPE.co.za: It is said that the most important asset in any business is its people, writes financial advisor Pieter Willem Moolman. In every business, however, there are those individuals who have a more significant impact on its future income and profits. They are known as key persons. Not just any employee can be identified as such. A key person is someone whose absence, whether through death or disability, will severely affect the future profitability and sustainability of the … [Read more...] about Pieter Willem Moolman: The Show Must Go On
Pieter Willem Moolman: Business Debt not Personal
www.MyPE.co.za: If you have ever wondered what contingent liability is and whether you can be held liable for it, this article was drafted with you in mind, writes financial planner Pieter Willem Moolman. A contingent liability - a vital part of business assurance - is a potential liability that arises from a past transaction and is dependent on one or more uncertain future events, such as death. Examples of contingent liabilities are endless and could include financial disputes or being … [Read more...] about Pieter Willem Moolman: Business Debt not Personal
Pieter Willem Moolman: Protecting Your Business Partner
www.MyPE.co.za: I recently received a business assurance query about how to prevent problems for the remaining owners when a co-owner dies or becomes disabled, writes financial planner Pieter Willem Moolman. This is a question that applies equally to partners in a partnership, members of a close corporation and shareholders in a company. The issue should not only be of concern to business owners, however, but should also be asked by the surviving spouse of a deceased or disabled … [Read more...] about Pieter Willem Moolman: Protecting Your Business Partner
Pieter Willem Moolman: Illness Cover is Critically Important
www.MyPE.co.za: Financial planning focuses mostly on the death of the income-generating family member and provision for his dependants, writes financial planner Pieter Willem Moolman. Planners often forget, however, to take into account the financial implications caused by a critical illness or traumatic event in the life of the insured. Thanks to ever-increasing medical advancements, people are more likely to survive and recover from illnesses that were fatal in the recent past. Even … [Read more...] about Pieter Willem Moolman: Illness Cover is Critically Important
Pieter Willem Moolman: A Position of Trust
www.MyPE.co.za: I received an enquiry from an anxious client wanting to know whether he can be held personally liable for his actions as a trustee, writes financial planner Pieter Willem Moolman. The answer is simple. Yes, of course you can! In a recent Supreme Court of Appeal case it was found that trustees dealt with trust property without being authorised to do so and that they simply ignored the provisions of the trust deed. Trustees are appointed to look after trust assets on … [Read more...] about Pieter Willem Moolman: A Position of Trust
