Trustees are in contravention of beneficial ownership regulations, says FISA
Trustees cannot be expected to have all the information within a few hours of the gazetting of the final regulations, it says.
‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
Read moreTrustees cannot be expected to have all the information within a few hours of the gazetting of the final regulations, it says.
Among other things, trustees are obliged to keep adequate records in relation to beneficial ownership.
When a loved one passes away, and you are nominated as the executor in the deceased’s will – or discover that the deceased had no will – the process of winding up the […]