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Contracting with Trusts – Is a Majority Resolution Valid?

Contracting with Trusts – Is a Majority Resolution Valid?

by O'Hagan Attorneys | May 31, 2024 | Contract, Property, Trusts

“Externally, trustees cannot disagree. In the external sphere the Trust functions by virtue of its resolutions, which have to be supported by the full complement of the Trust body.” (Extract from judgment below) A recent Supreme Court of Appeal (SCA) judgment provides...
Demystifying Retirement Planning Lingo

Demystifying Retirement Planning Lingo

by O'Hagan Attorneys | May 31, 2024 | Retirement Planning

We all dream of a happy retirement, but making it a reality requires early planning. A good rule of thumb is to stash away at least 15% of your pay check before taxes right from the start of your career. Depending on your situation, this might involve diving into some...
In the Land of the Will, Clarity is King

In the Land of the Will, Clarity is King

by O'Hagan Attorneys | May 6, 2024 | Wills and Estate Planning

“The golden rule for the interpretation of testaments is to ascertain the wishes of the testator from the language used. And when these wishes are ascertained, the court is bound to give effect to them, unless we are prevented by some rule or law from doing so.”...
Investment Jargon 101: Your One-Stop Primer

Investment Jargon 101: Your One-Stop Primer

by O'Hagan Attorneys | May 6, 2024 | Financial Planning

“An investment in knowledge pays the best interest.” (Benjamin Franklin) A is for Asset Your possessions are known as your assets, while any debts are called liabilities. If your home’s mortgage is fully paid up, your home is an asset, but if you’re still paying off a...
Need to Know: Annualised Returns Versus Internal Rates of Return

Need to Know: Annualised Returns Versus Internal Rates of Return

by O'Hagan Attorneys | May 6, 2024 | Financial Planning, Retirement Planning

“Returns matter a lot. It’s your capital.” (Abigail Johnson) Let’s start at the beginning – Annualised returns The annualised rate of return on investment represents the average yearly return you would have received over a specified period. It expresses an...
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