Inter vivos trust
A trust created between living persons, usually through a trust deed and administered by trustees under the Trust Property Control Act framework.
Definition
An inter vivos trust should be reviewed through the trust deed, founder details, trustee appointments, letters of authority, beneficiaries, trust property, bank and tax records, beneficial ownership records, resolutions, distributions, and SARS filing history. Trustees usually need authority before acting for the trust.
Key takeaways
A trust created between living persons, usually through a trust deed and administered by trustees under the Trust Property Control Act framework.
Trusts
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Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Trust registration
Trust deed review
Trust administration dispute
Related resources
Resources and guides
Wills and Estates Evidence Pack
Wills and Estates Evidence Pack: organise Will or codicil, Death certificate, ID documents and a dated evidence index before your consultation.
Wills and EstatesClient Document PackTrusts Document Pack
Trusts Document Pack: prepare Trust deed, Letters of authority, Trustee resolutions and identify missing records before legal advice.
TrustsChecklistTrust Administration Checklist
Trust Administration Checklist for preparing documents, facts, dates, and questions connected to trusts.
TrustsFAQs
Inter vivos trust FAQs
What does Inter vivos trust mean?
A trust created between living persons, usually through a trust deed and administered by trustees under the Trust Property Control Act framework.
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