SA Bequest of loan account

[Kathy Adamson]

A family company owes a member of the family an amount of money. The family member wants to leave her loan account to her son in her will so that a significant company loss is maintained when she dies. Is this a s

 

[Suzi]

It is possible. It will depend on the terms of any agreement if one exists and /or the terms of repayment. Give me a call if you wish to discuss.

 

[Kathy Adamson]

Thank you.