NOVUS December 2022 Newsletter (1st Issue)
The NOVUS Team is excited to share with you its first ever Newsletter
9 January 2023 at 7:52:07 pm
Dear esteemed reader,
Welcome to the first ever NOVUS HM Legal Practitioners’ Newsletter!
In keeping with our desire to serve our clients better, we will be issuing a quarterly Newsletter, covering among other things, the latest legal news, developments, and insights. We will also keep you abreast of the goings-on in the Firm through our announcements and gallery.
The Newsletter starts off with a brief overview of the new NAPSA amendments - a ‘hot topic’ in its own right. It then moves on to an article on the strategic benefits of a Trust, for individuals looking to use this legal tool to ‘shield’ their assets from property sharing in a divorce, or merely to make provision for their children who are minors and cannot own assets. Related to this, is an article on the disclosure requirements for ultimate beneficial owners of a company under the Companies Act. We have also included an update on the new smart land administration system at the Ministry of Lands. The Newsletter closes off with a case review relating to property transfer tax and indirect transfers. See our final pages for exciting announcements and our gallery.
On behalf of the Firm, I would like to thank you for taking the time to read our Newsletter. I hope you enjoy reading it as much as we enjoyed writing it. Happy reading!
Misozi Hope Masengu