If you do not have a trust:

  • Is your personal estate worth more than R 3 500 000 (or R 7 000 000 for a married couple)?
  • Do you have any large assets in your personal name that may be exposed to any creditors, such as SARS or a soon-to-be-ex-spouse?
  • Do you have minor children?
  • Are you a business owner?
  • May you be at risk to develop a disorder, such as Alzheimer’s Disease, and not being able to look after your own affairs?

If you do have a trust:

  • Was your trust drafted before October 2001 and never amended?
  • Have you never read your trust deed?
  • Does your trust deed lack a severability clause?
  • Are the trustees’ not acting in accordance with the terms of the trust deed?
  • Are the trustees not keeping trust property separate from their personal estates and refer to the trust assets as their own?

 

If you answer yes to a couple of these questions, please contact us for a free consultation.