Trusts.za.net. Register a Trust online

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

[ASSENTED TO 1 JUNE 1988] 

[DATE OF COMMENCEMENT: 31 MARCH 1989]

(Afrikaans text signed by the State President)

as amended by

Justice Laws Rationalisation Act 18 of 1996