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Trusts in South Africa

Trusts in South Africa
Author: Adriaan Theron
Publisher:
Total Pages:
Release: 2019
Genre: Trusts and trustees
ISBN: 9780994694591

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Family Trusts

Family Trusts
Author: Hartley Goldstone
Publisher: John Wiley & Sons
Total Pages: 324
Release: 2015-09-21
Genre: Business & Economics
ISBN: 111911828X

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An insightful and practical guide to family trusts Family Trusts is a step-by-step guide for anyone involved in family trusts: trust creators, trustees, beneficiaries, and advisors. It will help families create and administer a culture that recognizes trusts as a gift of love. Marrying the practical and emotional aspects of family wealth, this book provides a hands-on primer that focuses on fostering positive relationships, and structuring the trust appropriately for the situation and the people involved. It tackles difficult topics with frank and honest discussion, from the first beneficiary meeting to working with addictions, and more. Written by a team of experts in family wealth, this information is becoming increasingly crucial to the successful execution of a trust; you'll learn what type of person makes the best trustee, how to be an excellent beneficiary, and the technical aspects that help you build a better trust from the very beginning. There's been a staggering increase in trustee/beneficiary litigation and hostility, but that doesn't mean it's inevitable. Plenty of trusts are running smoothly, with positive experiences on all sides. This book shows you how to set up your trust to succeed from the start, with step-by-step guidance and expert insight. Express clear and thoughtful intent for the trust Create a healthy and supportive culture Select the right trustee, trust protector, and trust advisor Take the time to prepare before initially meeting the beneficiary Conduct a productive first meeting to set a tone for the relationship Historically, there has been little consideration given to the culture of trusts, and this oversight may be a key driver of the behavior that's becoming more prevalent. Family Trusts explores the nature of these relationships, and shows you how to build a trust that retains the nature and spirit with which it was intended.


Fundamentals of South African Trust Law

Fundamentals of South African Trust Law
Author: Francois Du Toit
Publisher:
Total Pages: 0
Release: 2022
Genre: Inheritance and transfer tax
ISBN: 9781776175963

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Fundamentals of SA Trust Law explains the basic principles of SA trust law and includes recent amendments effective 1 April 2023. This work offers a concise and comprehensive exploration of the fundamental principles that underpin South African trust law. It covers a wide range of issues relevant to trusts in both legal and commercial practice. Delve into the intricacies of trust law with this valuable resource. The latest edition features the complete text of the Trust Property Control Act, as amended. A team of experts provide insights on recent changes. The work delves into significant recent judgments that shed light on critical aspects of trust law. Noteworthy cases such as King v De Jager and Wilkinson v Crawford explore the influence of public policy and constitutional considerations on freedom of disposition and trusts. PAF v SCF delves into piercing the trust veneer in the context of marriages subject to the accrual system, while Kuttel v The Master of the High Court examines discriminatory trustee conduct. Stay informed with this updated edition, providing insights into the evolving landscape of trust law. his book presents concepts in a clear and straightforward manner, striking a balance between simplicity and extensive coverage. It serves as an excellent student text, providing a solid introduction to trust law. Additionally, it caters to non-legal practitioners who seek to understand the subject without a legal qualification. Whether you're a student, a non-legal professional, or an experienced practitioner, this book offers valuable insights and serves as a reliable reference for trust law. -- Publisher's description.


Demystifying Trusts in South Africa

Demystifying Trusts in South Africa
Author: Phia Van Der Spuy
Publisher: Createspace Independent Publishing Platform
Total Pages: 308
Release: 2017-10-04
Genre:
ISBN: 9781977970916

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If you knew you were going to die tonight, would your loved ones have enough money to cope financially until your estate is wound up? Do you know how much Capital Gains Tax and Estate Duty your estate would pay? Would there be enough cash or liquidity in your estate to pay the different costs that would arise? Many people believe that estate planning is having a will, but this is just one part of the plan. During our lifetimes, as individuals, entrepreneurs, property investors, business owners and wealth creators, we all face the risk of divorce, legal action, business failure, large tax liabilities, and claims by third parties. More than 90% of business owners close their doors within five to seven years of opening them. For those facing liquidation, up to 98% are stripped of all their personal assets resulting from sureties and guarantees they signed as business owners. They are left with nothing. The number one wealth preservation rule is asset protection. Most of the wealthy do not own a cent. They control their businesses, properties and other assets through trusts. A trust will help you to separate your assets from your property investment debt, your business interests and/or your other financial risks. If you own a business, sizeable investments and/or other assets, then you might want to pay attention. You cannot afford not to set up a trust. This book will take you through the process of setting up the right kind of trust within the correct structures, so that you can protect your assets and take care of your family, during your lifetime and long after your death.


Honoré's South African Law of Trusts

Honoré's South African Law of Trusts
Author: Edwin Cameron
Publisher: Juta and Company Ltd
Total Pages: 830
Release: 2002
Genre: Law
ISBN: 9780702155901

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Of interest or benefit to: Legal practitioners, Accountants, Executors, Estate planners, Trustees.


Family Trusts

Family Trusts
Author: N. E. Renton
Publisher: John Wiley & Sons
Total Pages: 298
Release: 2014-07-08
Genre: Business & Economics
ISBN: 0730310353

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Demystify family trust planning with this easy-to-read guide Family trusts can be quite complex and difficult to set up correctly, and many people don't realise just how beneficial a trust can be. Even for families of average income, trusts deserve a second look. Family Trusts: A Plain English Guide for Australian Families of Average Means, 5th Edition is a comprehensive guide to the advantages and disadvantages, investment nuances, taxation regulations, and social security rules surrounding trusts. This book, by author Nick Renton, and newly updated by Rod Caldwell, provides the information you need to make an informed decision and ask the right questions of your financial and legal advisors. The book details all aspects of both setting up and running a family trust, including discretionary versus unitised trusts, trust deeds, and the roles and responsibilities of settlors and trustees. You'll learn how trusts can be used to benefit philanthropic foundations, and how to manage a trust intended for the financial care of a child with an intellectual disability. This Fifth Edition has been fully updated for the 2014 – 2015 tax year, and amended to parallel the May 2014 budget. The new material details topics like: Rates and trustee qualifications Hybrid trusts and non-resident beneficiaries Borrowing by trustees, and trustee meeting minutes Protecting assets against creditors, bankruptcy, and divorce The book also includes real-life case studies that provide examples of proper handling and help illustrate important concepts. Additionally, alternatives are discussed for situations where a family trust may not be the best structure to use. If you're an average person wishing to ensure your family's financial well-being, Family Trusts: A Plain English Guide for Australian Families of Average means, 5th Edition is the most complete guide on the market.


Family Trusts - Revised and Updated

Family Trusts - Revised and Updated
Author: Martin Hawes
Publisher: Penguin Random House New Zealand Limited
Total Pages: 151
Release: 2012-05-01
Genre: Business & Economics
ISBN: 1869798082

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Over 100,000 copies sold, and the one book all family trust managers and members should own. Family trusts are as popular today as ever. A family trust offers you the benefits, use and control of your assets and doesn’t penalise you for owning them. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer , with real-life examples and answers to commonly asked questions throughout. It has sold well over 100,000 copies since it was first published and is an essential book for anyone curious about family trusts, whether they are self-employed, a business owner, a wage and salary earner or retired. ‘In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,’ says Martin Hawes. This seventh revised edition includes a section on effective management of your trust; many people manage their trusts as if the assets in the trust were still their own, and keep poor records of the trust’s transactions. Inadequate management can lead to accusations that the trust is a sham. Drawing on his vast experience, Martin Hawes explains how to keep correct records and minutes, and to manage your trust so that it is resilient in the face of a challenge.


South African Trust Law

South African Trust Law
Author: F. Du Toit
Publisher:
Total Pages: 232
Release: 2002
Genre: Trusts and trustees
ISBN: 9780409026177

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The South African Law of Trusts

The South African Law of Trusts
Author: Tony Honoré
Publisher:
Total Pages: 574
Release: 1966
Genre: Trusts and trustees
ISBN:

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