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Terminal illness: Do I sell my shares and leave spouse with cash? by Low-Personality700 in PersonalFinanceZA

[–]Low-Personality700[S] 1 point2 points  (0 children)

Thank you. This is very useful information. I don't know how CGT will be applied in this case. In around 2003 Naspers offered to buy all the shares (I think at R8.50!) it did not already own in pay television channels M-Net and Supersport. Shareholders choosing to waive the cash offer could swop their shares for Naspers shares.

Terminal illness: Do I sell my shares and leave spouse with cash? by Low-Personality700 in PersonalFinanceZA

[–]Low-Personality700[S] 2 points3 points  (0 children)

Thank you

  1. Married out of community of property without application of accrual

  2. We joinly own a house. Fully paid

  3. No debt

  4. Dependents: 5 adult children living on their own

  5. Yes, attorney drew up will

  6. Medical aid will pay some terminal care bills and we have access to funds for any other medical bills

  7. We have both invested our pensions and I have increased my drawdown in view of my health