Fiduciary

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WE OFFER A COMPREHENSIVE RANGE OF SERVICES TO FACILITATE THE PROTECTION OF YOUR ASSETS AND THE CARING FOR YOUR BENEFICIARIES.

Inter vivos (family) trusts

An inter vivos trust is a trust that is established by the founder(s) during his, her or their lifetime and is set up according to the specifications of the founder(s). Trustees are nominated by the founder(s) in the trust deed. They are responsible for administering the assets in accordance with the trust deed and the laws relating to trusts. Your beneficiaries listed in the trust deed will benefit from the trust assets. A founder and a trustee may also be nominated as beneficiaries.

In South Africa, trusts are constantly under the scrutiny of authorities to ensure everything is above board. It is, therefore, important to make sure that your trust documentation is up to date and correct.

Letter of intent

This is a record of the wishes of the trust founder(s) and is useful as a guide for trustees when exercising discretionary powers.

Minutes

Detailed records should be kept of all trustee decisions.

Loan account reconciliation

Any loan balances owed to the trust founder(s) or funder qualify as assets in the estate.

Acknowledgement of debt

Records must be kept of the terms of any loans to the trust.

Sale agreements

These record and detail any assets sold to the trust, as well as the purchase consideration.

Trust Deed

It is important to ensure that this is flexible enough so that it can be changed or altered when requirements and legislation change.

Annual financial statements and tax returns

Copies must be kept of all annual financial statements and returns.

Testamentary Trusts

Make sure that your obligations continue to be looked after and wishes honored once you have passed on, with a Testamentary Trust set up with the help of our experts.

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You need something more?

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YOUR WILL IS AN ESSENTIAL PART OF ESTATE PLANNING AS IT STIPULATES HOW YOU WANT YOUR ASSETS TO BE DEALT WITH IN YOUR DEATH. PROPER ESTATE PLANNING WILL ENSURE THAT YOUR ESTATE IS SET UP IN A TAX-EFFICIENT WAY THAT BENEFITS YOU DURING YOUR LIFETIME AND YOUR BENEFICIARIES AFTER YOUR DEATH.

We will help you draft a will that ensures your wishes are carried out legally, your loved ones are taken care of, and items of monetary and sentimental value are properly protected and distributed. We also provide estate planning and administration services that will take the maximum advantage of tax and estate duties to ensure your loved ones receive what you wished for them by protecting and managing inheritances, distributing assets fairly, and even assisting with succession planning.

In addition, MSP Finance will provide detailed expertise in managing your trust’s assets and investments for the benefit of your loved ones, as agreed between the founder and trustees.

How does will and estate planning benefit me? 

  • A professional financial institution will plan, manage and handle your estate
  • You are ensured that your will, trust, estate planning and administration meet all of the necessary legal requirements
  • You are ensured that your instructions and requirements will be carried out to the letter and your loved ones will get the full inheritance you want to leave them
  • Your loved ones are spared the additional burden of managing the short-term aspects of your estate during a grieving period

Drafting a will

You can never anticipate what life has in store for you, but you can make sure your loved ones are taken care of when you are no longer able to.

The most important aspect of a well-drawn up will is to get the right advice. Getting professional estate planning advice is crucial, as your Will governs what happens to your assets after your death.

It helps ensure that your estate will be administered smoothly and efficiently.

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You need something more?

+ Trusts
i-mortgage-trust-piggy-banks-in-field_512x307
WE OFFER A COMPREHENSIVE RANGE OF SERVICES TO FACILITATE THE PROTECTION OF YOUR ASSETS AND THE CARING FOR YOUR BENEFICIARIES.

Inter vivos (family) trusts

An inter vivos trust is a trust that is established by the founder(s) during his, her or their lifetime and is set up according to the specifications of the founder(s). Trustees are nominated by the founder(s) in the trust deed. They are responsible for administering the assets in accordance with the trust deed and the laws relating to trusts. Your beneficiaries listed in the trust deed will benefit from the trust assets. A founder and a trustee may also be nominated as beneficiaries.

In South Africa, trusts are constantly under the scrutiny of authorities to ensure everything is above board. It is, therefore, important to make sure that your trust documentation is up to date and correct.

Letter of intent

This is a record of the wishes of the trust founder(s) and is useful as a guide for trustees when exercising discretionary powers.

Minutes

Detailed records should be kept of all trustee decisions.

Loan account reconciliation

Any loan balances owed to the trust founder(s) or funder qualify as assets in the estate.

Acknowledgement of debt

Records must be kept of the terms of any loans to the trust.

Sale agreements

These record and detail any assets sold to the trust, as well as the purchase consideration.

Trust Deed

It is important to ensure that this is flexible enough so that it can be changed or altered when requirements and legislation change.

Annual financial statements and tax returns

Copies must be kept of all annual financial statements and returns.

Testamentary Trusts

Make sure that your obligations continue to be looked after and wishes honored once you have passed on, with a Testamentary Trust set up with the help of our experts.

i-mortgage-contact-us_263x236

You need something more?

+ Wills
i-mortgage-will-testament
YOUR WILL IS AN ESSENTIAL PART OF ESTATE PLANNING AS IT STIPULATES HOW YOU WANT YOUR ASSETS TO BE DEALT WITH IN YOUR DEATH. PROPER ESTATE PLANNING WILL ENSURE THAT YOUR ESTATE IS SET UP IN A TAX-EFFICIENT WAY THAT BENEFITS YOU DURING YOUR LIFETIME AND YOUR BENEFICIARIES AFTER YOUR DEATH.

We will help you draft a will that ensures your wishes are carried out legally, your loved ones are taken care of, and items of monetary and sentimental value are properly protected and distributed. We also provide estate planning and administration services that will take the maximum advantage of tax and estate duties to ensure your loved ones receive what you wished for them by protecting and managing inheritances, distributing assets fairly, and even assisting with succession planning.

In addition, MSP Finance will provide detailed expertise in managing your trust’s assets and investments for the benefit of your loved ones, as agreed between the founder and trustees.

How does will and estate planning benefit me? 

  • A professional financial institution will plan, manage and handle your estate
  • You are ensured that your will, trust, estate planning and administration meet all of the necessary legal requirements
  • You are ensured that your instructions and requirements will be carried out to the letter and your loved ones will get the full inheritance you want to leave them
  • Your loved ones are spared the additional burden of managing the short-term aspects of your estate during a grieving period

Drafting a will

You can never anticipate what life has in store for you, but you can make sure your loved ones are taken care of when you are no longer able to.

The most important aspect of a well-drawn up will is to get the right advice. Getting professional estate planning advice is crucial, as your Will governs what happens to your assets after your death.

It helps ensure that your estate will be administered smoothly and efficiently.

i-mortgage-contact-us_263x236

You need something more?