Kommissaris van Binnelandse Inkomste v Steyn NO (667/1989)
Kommissaris van Binnelandse Inkomste v Steyn NO (667/1989) [1991] ZASCA 104; 1992 (1) SA 110 (AD); (13 September 1991)
The Supreme Court of Appeal held that the respondent failed to prove that the maintenance obligation should be adjusted for inflation, as there was insufficient evidence regarding Mrs Terblanche's financial position and need for increased maintenance. The right of occupation over the Cleostraat property had lapsed prior to the deceased's death, and thus did not form part of the estate's liability. The estate's obligation for medical costs, however, was accepted at R1,500 per year and, by agreement, adjusted for future inflation. The prescribed regulations for capitalisation under the Estate D…
Source excerpt
- Estate Duty
- Maintenance Obligation
- Capitalisation Of Future Liabilities
- Inflation Adjustment
- Divorce Settlement
- Burden Of Proof