“THERE is no magic in the term ‘fiduciary duty’.” This is what the judge said in the Phillips v Fieldstone Africa case of 2004. In carrying out their duties, trustees fulfil a fiduciary position. A fiduciary duty is an onerous, legal obligation of a person managing property or money belonging to another person to act in the best interests of ...

The year 2021 turned out to be a challenging one for many people and very few of us had the time to reflect and consider our personal financial and estate planning. Many jobs have been lost and it proved to be particularly challenging for business owners. A number of people can attest to the devastating consequences of not having one’s ...