There have been several legislative changes recently which raises the question whether trusts are still relevant today. This course will introduce you to the basic legal and practical aspects of trusts and how they can be used effectively and efficiently, for example as part of a holistic financial plan.

Trusts are useful in financial planning because of the various advantages they offer, but they must be structured correctly to get the full benefit. This course will look at: different types of trusts, the various role players, trust management, the duties of trustees, the amendment of trust deeds, taxation, and financial planning tips and traps.

Join us for a six-hour course, held over three days, which will deepen your understanding of trusts and in addition explain when a trust is an appropriate vehicle to use in financial planning.

When and where?

31 July to 2 August 2024, 9:00 to 11:00 SAST

This course will be held remotely, most likely on Zoom - exact details will be sent to registered participants a few days before the course.

Course outline

Day 1

  • Different trust instruments and the different types of trusts
  • The role players in the trust 
  • Trust management and the duties of the trustees
  • The amendment of trust deeds

Day 2

  • Trusts: Donations tax and estate duty
  • The taxation of trusts

Day 3

  • The advantages and disadvantages of trusts
  • Financial planning and trusts: traps and tips

Who will benefit from this course?

All practitioners (attorneys, accountants, financial and other advisers) and laymen, especially those seeking to broaden their horizons with regard to holistic estate planning and the use of trusts in South Africa. Those who act as trustees and are grappling with the regular (and not so regular) hurdles as part of their duties and obligations will also find the course very informative.

Presenter

Renette Hendriks has been with Personal Trust (Pty) Ltd for 16 years and currently serves on the board as Director of Legal and Fiduciary Services. She studied law at the University of Stellenbosch where she served as Junior Lecturer and obtained a Masters Degree in 2002. She further obtained a Post Graduate Diploma in Financial Planning from the University of the Free State in 2019.

She started out her career in the fiduciary industry at PricewaterhouseCoopers in 2002 and was admitted as an Advocate of the High Court of South Africa in the same year. She went on to join Standard Executors and Trustees, the fiduciary division of Standard Bank, in 2003 where she fulfilled the role as Senior Manager. She joined Personal Trust in 2007.

As part of her current portfolio, Renette serves as Trustee on numerous trusts and charitable foundations on behalf of Personal Trust, overseeing all legal and technical aspects of these entities.

Renette further oversees the Wills and Estates side of the business and takes up appointment as Executor on behalf of Personal Trust. She is a registered member of the Fiduciary Institute of South Africa (FISA) and in good standing with the Master of the High Court.

How much?

R2,100 per person

Certificate

A certificate of attendance from UCT will be issued to those who attend the full course.

How to sign up

Complete and submit the registration form. You will then be given the payment information. Please note that registrations will not be considered complete until payment has been made.

One or two days before the course, we will send you the Zoom link. You will need to register and use a password to access the course.

Registrations close three days before the course starts.

Download the brochure.

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