Trusts are administered in terms of the Trust Property Control Act, 57 of 1988.
A trust is a legal entity created in terms of a written agreement between the Founder and Trustees, known as the ‘Trust Deed’.
The following parties are involved in a trust:
- Founder (also known as the Donor or Settlor)
The person that decides to create the trust.
The persons responsible to attend to the management and administration of the trust in a fiduciary capacity, in the interest of the Beneficiaries.
The persons entitled to enjoy the benefits of the trust.
Through its trustees, a trust may conduct business and acquire property, shares and other such assets.
Why should you set up a Trust?
The Process Explained
Complete the online form
Pay our fee and submit form
We prepare your documents and email it to you within 24 hours
Print and sign your documents and return them to us
Send original documents for submission to the Master for registration