Online Trusts

Register your trust, inexpensively

Setting up a trust is a reliable way to protect your assets, provide for dependents or charity, and protect your funds from attracting higher tax.

Answer a few simple questions

You answer a few simple questions

Lawyers reviews details

Lawyers reviews and confirms details

Documents and instructions

Lawyer puts together documents and instructions

Quick service

You get your documents (within 48hrs)

Why set up a DIY trust?

As an investment vehicle, a trust has many benefits:

  • Protect assets: Creditors of trustees cannot claim against your safe trust
  • Benefits for dependents: A trust enables you to ensure that dependents such as children receive a specified sum upon reaching a specified age
  • Ensure continuity: A well-established trust can last over generations, providing an ongoing source of funds
  • Disburse charity: You may use a trust to disburse an asset for charitable purposes
  • Reduce tax: Establishing a trust will reduce inheritance tax if the correct trust is established
  • Divide assets: Assets that are difficult to divide may be split easily using a living trust

Choose one of these products:

DIY Trust
R999
Review by lawyer
Preparation of Trust
Step-by-step guide
Letter of Authority
1 hour consultation with lawyer
Popular
Trust Submission
R1399
Review by lawyer
Preparation of Trust
Step-by-step guide
Letter of Authority
1 hour consultation with lawyer
Trust Consultation
R2499
Review by lawyer
Preparation of Trust
Step-by-step guide
Letter of Authority
1 hour consultation with lawyer

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What kind of trusts are there?

DIY Legal offers help registering two types of trust:

  1. Testamentary trusts: These trusts typically protect the financial wellbeing of minors and individuals incapable of looking after their own financial affairs. A will usually directs when a testamentary trust will be terminated or paid out, either after a certain time period or dependent on a specified future event.
  2. Living trusts: These trusts are created by living parties in agreement and are often used to establish a multi-generational trust that will keep yielding growth and funds. The founder of a living trust establishes an agreement between themselves and the trustees who administer the trust. There are five types of living trust: Family Trusts, Guardian’s Trusts, Umbrella Trusts, Charitable Trusts and Special Trusts

What we stand for

An online trust is the cheapest and quickest way to register your trust.

Quick

No need for a long consultation process

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Our cost effective lawyers

No lawyers

Straightforward process without the need for lawyers

Reasonable

Decent prices with no hidden costs

Guides

Clear guidance on how the process works

How does trust taxation work?

Trusts are taxed at 40% for income tax and are also subject to capital gains tax. Your trust’s beneficiaries may be given income through the trust according to the ‘conduit principle’. This means that tax on the trust is only paid at the beneficiary’s individual marginal tax rate.

A further benefit of trusts for taxation is there is no estate duty payable by a trust on assets transferred to it upon the death of the trust holder.

Frequently Asked Questions

Is a trust an independent legal entity?
It is only where paying tax is concerned. Otherwise the trust is represented by legal trustees.

Must your trust be registered for income tax?
Yes, all trusts are required to register for income tax.