Parents’ Poor Planning Forces Heirs to Lose 44% of Estate to Taxes

 Depending upon your worth, and the structure of your investments, it is possible that SARS could demand up to 44% of the value of certain investments if you don’t take the time to properly plan and protect your estate using appropriate structures. All this has to do with a combination of tax liabilities — not just income taxes (which most retirement accounts face) but also estate taxes (assessed against your estate’s total value upon death). That’s why everyone, including you, must deal with estate planning — for the simple reason that everyone has an estate, not just rich people.

What might you be worth one day if today you are 40 years old and have assets of R100.000 that will double in value every five years (15% p.a.)