Trust property
Assets, rights, money, or property held or administered by trustees for the purposes and beneficiaries of a trust.
Definition
Trust property should be reviewed through the trust deed, asset register, bank records, title deeds, investment statements, trustee resolutions, financial statements, SARS records, beneficiary distribution records, and whether assets are clearly separated from personal property. The key issue is who controls the property and whether trustees are acting within their authority.
Key takeaways
Assets, rights, money, or property held or administered by trustees for the purposes and beneficiaries of a trust.
Trusts
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Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Trust property dispute
Trust administration
Trust asset transfer
Related resources
Resources and guides
Property Transfer Checklist
Preparation checklist for buyers and sellers moving through property transfer.
ConveyancingClient 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
Trust property FAQs
What does Trust property mean?
Assets, rights, money, or property held or administered by trustees for the purposes and beneficiaries of a trust.
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