When one considers estate planning and investments everyone must consider which financial structure best suits them. One may accumulate and preserve wealth in their individual capacity, through a company or a trust. However, accumulating wealth in your personal name...
A trust is a legal instrument created in terms of the Trust Property Control Act of 1988 whereby a trust deed is created by the founder for the benefit of identified beneficiaries. There are three categories of parties to a trust, namely: Founder – the person who...
When establishing a business, an entrepreneur should consider its legal structure commencing to trade. Options of such structures include sole trader, partnership, private company or business trust. Each has its pros and cons, especially on tax implications. A...