Colin Long from Consolidated Financial Planning
• To ensure that that his wishes and bequests
are carried out accordingly. • To protect his daughter’s income requirements i n the event of his and his spouse’s simultaneous deaths. • To expedite the winding up of his
estate. • To ensure the successful integra
tion of the entire financial plan. next most tax effective investment vehicle for Candidate A to invest his money in.
Based on the investment strategy that Candidate A needs to follow, he can invest as much as R2.9m in a unit trust structure before having any tax liability.
When investing, Candidate A must always be aware that investment vehicles have very little to do with investment returns and they should predominantly be used for tax and liquidity requirements.