Turnaround
1+ month
Requirements
• Founder Details: Full details of the person creating the trust.
• Trustee Details: Details of all trustees, including one independent trustee.
• Beneficiary Details: Details of who will benefit from the trust.
Process
1. Consultation & Drafting: We consult on your needs and our specialists draft the Trust Deed.2. Signature: The Founder and Trustees sign the Trust Deed.3. Lodge with Master: We lodge the signed deed with the Master of the High Court for registration.4. Letter of Authority: The Master issues the Letter of Authority, officially activating the Trust.
FAQ
Why should I set up a family trust?
A family trust is a powerful tool for protecting your assets from business risks and creditors. It also simplifies estate planning, helping to reduce estate duties and ensuring a smooth transfer of wealth to your beneficiaries without lengthy legal processes like probate.
What is an independent trustee?
It is a legal requirement in South Africa for a trust to have at least one independent trustee who is not related to the other trustees or beneficiaries. This ensures good governance and that the trust is managed impartially.
Establishment of a formal Trust with the Master of the High Court for asset protection and estate planning. Includes:
✅ Drafting of the Trust Deed
✅ Registration with the Master of the High Court
✅ Issuing of the Letter of Authority
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