First, trusts are described based on when they are created. This includes two types – inter vivos (living) trusts and testamentary trusts. Testamentary trust: These trusts are generally used to protect assets of minors or people who are not capable of looking after their own interests. Usually, the will directing the registration of a testamentary … Read more Types of trusts in South Africa
Trusts can offer many valuable benefits. Here are seven reasons to set up a trust.