Trust to Trust: Is the trust still serving a purpose? iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Trust-to-Trust: A fine line between delegation and abdication of trustee responsibilities iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
It often happens that trustees do not actively participate in trust matters on an on-going basis – such as when soon-to-be-ex-spouses do not want to face one another in trustee meetings, or when people simply rely on an (invalid) clause in a trust instrument to abdicate their responsibility as trustee. Here’s a closer look at what our law allows.