SERVICES RELATING TO TRUSTS

Inter Vivos Trusts
• Drafting, amending and registration of Inter Vivos Trust
    Deeds;
• Auditing of trust deeds and reconciliation with the Will.

Costs
Drafting - R2 750.00
Auditing - R750.00




Testamentary

Management of Testamentary Trusts, which includes
Determination of requirements.
Monthly payments to beneficiaries.
Protection and growth of capital.
Distribution of capital to eventual
    beneficiaries.

Secretarial Services

The current practice is that Trustees charge fees for the management of trusts in accordance with the asset value; this can be up to 1% per annum of the gross asset value. In addition, an initiation fee of 1.5% of the asset value is charged.

Our secretarial services offer independent advice and assistance to clients by way of

Ongoing objective advice.
Opening and managing bank accounts all payments, debit orders and statements;
Accounting services;
Quarterly meetings/telecons;
Drafting of Minutes;
Implementation of decisions;
Correspondence with the Master of the High Court;
Correspondence between trustees and auditors;

Costs
From R500.00 per month, payable monthly or annually by debit order