Nelius is an Associate in our Insolvency Law Department. He specializes in the administration of insolvent estates as well as business rescue proceedings.

Nelius obtained his LLB at the University of the Free State in 2019 and joined Symington de Kok in 2020 as a Candidate Attorney. He completed studies and was admitted as an attorney in 2021, where after he obtained certification as an Insolvency Practitioner and as such is currently listed on the Master of the High Court’s National Panel of Trustees and Liquidators.

Estate planning involves structuring a client’s personal, business and financial affairs in life in such a way that upon his or her death, estate duty, capital gains tax and executor’s fees are minimized.

In addition, estate planning should provide for sufficient liquidity to meet the estate's financial obligations, and ensure that the heirs’ inheritance is adequately protected. It is important to note that estate planning does not concern itself with life insurance policies only.

Although life policies are taken into account, comprehensive planning involves the structuring of offshore assets, wills, living wills, trusts and donations, and issues such as marital contracts and different income tax provisions all need to be taken into consideration.

Given the current financial climate and the increased risks involved with business activities, insolvency is a prevalent risk that could have an effect on any business or private individual.

Symington De Kok can assist with all aspects associated with insolvency such as :

• Sequestrations;
• Liquidations;
• Business Rescue Plans and Procedures ;
• Securing claims against an insolvent estate;
• Perfection of Notarial Bonds; and
• Debt Recovery.