Registration of trusts
A trust is a legal entity in which trustees manage the assets donated by the donor on behalf of the beneficiaries who are entitled to the assets. The benefits of a trust include:
- Protection against unforeseen claims and insolvency (excluded from personal estate)
- Protection against excessive taxes
- Provision for dependants and continuity
- No statutory fees
- Business trust can be used to trade
Setting up of a family or business trust customized to your requirements, drawing up of the trust deed and registration with the Master of the High Court.
Client will receive the following:
- Copy of the trust deed
- Authorization letter by the Master of the High Court
- Certificates issued to capital beneficiaries (in case of business trust)
Services