How connected is our connection?

Tags: MMS Trust Services Reading Time: 4 minutes Connection is important throughout all facets of life and business. Even within the space of trust services, connected persons transactions can trigger anti-avoidance legislation provisions, impacting the trust, it’s...

How to remove a trustee

Tags: MMS Trust Services, Trust Reading Time: 4 minutes Trusts have been utilised for years to better protect the assets of beneficiaries. This legal arrangement is designed to hold and manage assets that are overseen by appointed trustees. These trustees must do more...

Why a Trust?

Tags: Trust Reading Time: 3 minutes The popularity of trusts has generally decreased in business, due to the tightening of tax provisions around trusts, reducing their effectiveness as a vehicle to legitimately reduce tax. More and more, however, our trust accounting...

10 Steps to understanding Trusts in SA

Tags: Trust Reading Time: 3 minutes Increasingly, individuals are appreciating the value of trusts in estate planning. Thanks to the continued growth in these vehicles, we offer dedicated trust accounting services to our clients. In this article, we explain the 10...

Setting up Trusts for Children

Tags: Accounting Reading Time: 3 minutes Ensuring your family’s future financial security is usually done by setting up a Trust. Parents, guardians or grandparents may opt to set up a Trust by placing their assets into it which is will be for the benefit of their...

More about Trusts in South Africa

Tags: Estate Planning Reading Time: 4 minutes More individuals are recognising the importance of estate planning and are looking for effective ways to protect their assets in order to transfer their wealth to their beneficiaries. One of the mechanisms utilised in...