Trust
A legal arrangement where trustees administer property for beneficiaries or a permitted trust purpose under a trust deed and South African trust law.
Definition
Trust matters can involve creating the trust, interpreting the trust deed, trustee authority, letters of authority, beneficiary rights, distributions, accounting, tax records, amendments, disputes, and removal of trustees. The trust deed and Master's records are usually the starting point because they show who may act, what powers exist, and how decisions must be made.
Key takeaways
A legal arrangement where trustees administer property for beneficiaries or a permitted trust purpose under a trust deed and South African trust law.
Trusts
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Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Trust administration
Trust deed question
Beneficiary dispute
Related resources
Resources and guides
Will Drafting Checklist
Checklist for assets, beneficiaries, guardianship, executors, and practical will-drafting decisions.
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.
TrustsFAQs
Trust FAQs
What does Trust mean?
A legal arrangement where trustees administer property for beneficiaries or a permitted trust purpose under a trust deed and South African trust law.
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