Trusts are vital tools in estate planning, provided they are set up with a proper purpose in mind. When setting up with this in mind, a trust can form part of any strategy creating a legacy.
We can assist you in setting up either:
- An inter vivos trust (a trust between the living or a group of people) for the benefit of selected beneficiaries (including BBBEE beneficiaries); or
- A testamentary trust (stipulation/provision in a will) for the benefit of the testator’s heirs. Managing a trust, ensuring it is relevant and compliant, or being an appointed trustee, can be quite a tedious process, and strict requirements need to be adhered to. We can guide you and/or your appointed trustees to ensure that they handle matters in terms of prevailing best practice.
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