A trust is a very flexible legal entity which can be used to protect your personal and business interests.
But like your will, a trust must be kept up to date.
Things change. The purpose of the trust may change. Trustees need to be removed and new ones appointed. Beneficiaries need to be rearranged. Trust status requires adjusting, for example, to allow the trust to trade. Other important terms and conditions in the trust need amending to make the trust more user-friendly.
If you already have a South African trust, and you would like to make changes to it, kindly make your request here.
To apply to register a South African trust, kindly start here. |