How to register a trust?

How to Register a Trust           

 There are two types of trusts, namely the inter-vivos trust and the testamentary trust. The inter-vivos trust is created between living persons, whereas the testamentary trust is derived from the valid will of a deceased person.

Steps to follow to register an inter-vivos trust

Register the inter-vivos trust at the office of the Master in whose area of jurisdiction the greatest portion of the trust assets is situated. If more than one Master has jurisdiction over the trust assets, final jurisdiction will rest with the Master of the office where the trust was first registered.

           Submit the following documents to the Master:

·         A completed Acceptance of Trusteeship application form for each trustee (to be completed    by the trustee)

·         A completed Bond of Security if required by the Master for each trustee

·         The original trust deed or a copy thereof, certified by a Notary

·         R100 – in the form of either uncancelled revenue stamps affixed to the trust document or a stamp impressed with a franking machine approved by the Commissioner for Inland Revenue

·         An undertaking by an auditor, if applicable 

 Example of Details Needed 

TRUST DETAIL

Name of Trust

FOUNDER

Full name & Surname
Identity Number
Occupation
Physical Address
E-mail Address

TRUSTEES

TRUSTEE 1 Full name & Surname: Identity number: Residential address: Occupation:

TRUSTEE 2 Full name & Surname: Identity number: Residential address: Occupation:

TRUSTEE 3 Full name & Surname: Identity number: Residential address: Occupation:

TRUSTEE 4 Full name & Surname: Identity number: Residential address: Occupation:

In the event of more than four trustees, please e-mail a detailed list with the information of those trustees to info@trusts.za.net

BENEFICIARIES

BENEFICIARY 1 Full name & Surname: Identity number: Residential address: Relationship to Trustee:

BENEFICIARY 2 Full name & Surname: Identity number: Residential address: Relationship to Trustee:

BENEFICIARY 3 Full name & Surname: Identity number: Residential address: Relationship to Trustee:

BENEFICIARY 4 Full name & Surname: Identity number: Residential address: Relationship to Trustee:

In the event of more than four beneficiaries, please e-mail a detailed list with the information of the addition beneficiaries to info@trusts.za.net

DOMICILIUM CITANDI ET EXECUTANDI

Physical address of trust

               

AUDITOR OR BOOKKEEPER

Name of auditor/Bookkeeper

Contact details

E-mail: Phone: Fax: Cell:

Street address

Postal address

BANK DETAILS

Bank Name

Branch

CONTACT PERSON FOR TRUST

Name

Surname

Phone

Fax

Cell

E-mail Address

State Funerals

At a State funeral in South Africa the State assumes responsibility for the ceremonial arrangements and provides appropriate military honours. Such a funeral constitutes the final act of homage by the State and the nation to South Africans who have held high public office or rendered distinguished service. The Cabinet decides whether a State funeral should be offered. It is guided by precedent and by such considerations as the public office which the deceased held, the nature of the services rendered to the nation and the public esteem which the deceased enjoyed.

For example The government decided to grant a state funeral to Walter Sisulu, who led the decades-long campaign against apartheid alongside Nelson Mandela. Mr. Sisulu, 90. The state funeral was helod on May 17 in the Johannesburg township of Soweto. An official state funeral means the government will bear some of the costs, members of the South African military will participate, and flags will be flown at half-staff during a period of mourning.


If the offer of a State funeral is accepted by the family, the funeral service is usually held in a church of the denomination to which the deceased belonged. A historic change was introduced on the death of Prime Minister Strijdom when the Cabinet decided that the service should be held in the amphitheatre of the Union Buildings in Pretoria. This precedent was followed a few years later at the time of Dr. Verwoerd’s death. The officiating clergymen are selected in consultation with the deceased’s family, whose wishes are also sought on such matters as the order of service and choice of hymns. Clergymen are drawn from both language groups. The military honours, which are an integral part of State funerals, are determined by military protocol, by the deceased’s military associations and the public office which the deceased held. Flags are flown at half-mast from Government buildings on the day of the State funeral. South African diplomatic and consular missions abroad also fly their flags half-mast on that day.