What You Need To Know About Trusts in South Africa

Families have been using trusts to preserve and manage their wealth for the benefit of their heirs for centuries. Trusts provided people with a means of protecting their assets and provide flexibility which is a great tool for estate and succession planning.
In this episode of the Wealth Nation Podcast, we chat to Nic Stead from Capital Legacy, on how to get started with Trusts in South Africa
Download my free estate planning tool kit www.financiall...

[@phelelanimkhize4522]

Why is this video hidden in the deep dark depths of UA-cam?? This needs to be broadcasted on live television!

[@FinanciallyFabulousFemales]

😂 glad you finally found it

[@Boutit031]

Thank you for this! I'm in the process of setting up my trusts and am going through all the content i can get my hands on.
Sad that information pertaining to the most important thing you can do for your loved ones has so few views.

[@FinanciallyFabulousFemales]

Thanks for your feedback. If you need complimentary assistance in setting up your trust and we can get a specialist to contact you where ever you are in the country. They will provide guided advice according to your situation

[@Alton.tradez]

Interesting I want to look into a trust for my family.

[@zanelevundla5829]

Wow! This is sooo informative thank you sooo much...

[@TheRamaness]

Hey lovely lady, I've just subscribed to you channel and OMG I loooove it.

[@FinanciallyFabulousFemales]

Thanks for subscribing

[@maxine6933]

If I wanted to move some assets into a trust, where do I go? How do I start? What are the financial implications of moving immovable and movable assets into a trust and having beneficiaries.

[@FinanciallyFabulousFemales]

I will create a video on this

[@maxine6933]

​@@FinanciallyFabulousFemalesThank you

[@IAM_MrGrey]

Thank you so much for all this information… been very helpful

[@FinanciallyFabulousFemales]

Not a problem

[@mathulemadire5008]

Thanks very much for the important information. Much appreciated 🙏🙏🙏

[@FinanciallyFabulousFemales]

Glad it was helpful!

[@terrific20]

Can you do a piece on the different taxes the trust will be subject to?

[@FinanciallyFabulousFemales]

Will work on that

[@IAmRitmo]

Beautiful💖

[@Reba_fr]

What's the benefit of registering my business in a trust ?

[@jacobthenoblesmith1892]

Very informative

[@FinanciallyFabulousFemales]

Glad you enjoyed the content

[@ntandomndawe4544]

How do I go about starting a trust ?

[@FinanciallyFabulousFemales]

You would need an attorney

[@NotAdisabilitybutAbility]

Wow thank you.

[@v.mpongwana2245]

The sound is bad! Yho!

[@lofteyshabangu6176]

Based on the cost this means that a Trust is not Financialy sound if your Assets are below the Value of around 2 Million and Less

[@FinanciallyFabulousFemales]

Depends on your financial goals not what your current assets are

[@lofteyshabangu6176]

@@FinanciallyFabulousFemales But the prices of the goals outways the value of the Assets it's not Financialy sound.othewise from a goals perspective I understand but if part of the goals is to preserve Value than I don't this route it's effective to the penny...in my opinion

[@FinanciallyFabulousFemales]

@@lofteyshabangu6176 it’s not just about getting more, but preserving what you have and leaving a legacy

[@nicolusellapen6612]

Hi thank you so much for the information, is there anyway to contact you for more questions I have? Thank you.

[@FinanciallyFabulousFemales]

Sure [e-mail]

[@jo-lenesathorar8795]

What happens if both parents pass away, it an accident for example and you left the life cover to each other?

[@FinanciallyFabulousFemales]

When drafting a will, you will deal with this case.

[@mauriceesquyl7343]

How much does it cost to set up a trust and which trust do you recommend?

[@FinanciallyFabulousFemales]

Cost depends on the attorney you use. THe type of trust you choose is the one based on your need.

[@mauriceesquyl7343]

@@FinanciallyFabulousFemales
Which reputable trust do you recommend?

[@FinanciallyFabulousFemales]

@@mauriceesquyl7343 Depends on your goals

[@mauriceesquyl7343]

@@FinanciallyFabulousFemales Good day, Mam, may you please and kindly list me one the best trusts you can recommend someone. Please and thank you

[@xolasitela8663]

I am no ones parent but how do I prepare for the future?

[@FinanciallyFabulousFemales]

Depends on your needs, book an appointment if you need financial advice

[@stephanieabigalesam]

Just came across your channel.
I've gotten an opportunity to work for a company called Envestpro which is an affiliate of Liberty life. As an entry level financial advisor. I just want to know if you think this is a good opportunity. I'm currently a health and skincare therapist looking to exit my industry and find myself currently interested in finance. I've heard alot about how hard it is in the finance industry. However I love educating people and I feel that may be a good selling technique, like first educating people and showing them the value they are getting. I just wanted your opinion.

[@FinanciallyFabulousFemales]

Financial services is not easy, you will never know if you don’t try.

[@user-xt7ph3vb8c]

Soynd quality

[@amosradebe573]

I have a trust I employed one of my beneficiary to work now he is refusing to give money he claims that he is entitled to use this money right now I am unemployed I am depending on this income please guys help me

[@FinanciallyFabulousFemales]

Seems like to need an assistance of an attorney

[@rorytheredheadedking6720]

im 22 and want to make a trust

[@FinanciallyFabulousFemales]

Do you have assets to hold in the trust?

[@augustaisaacs9161]

What does the girlfriend provide as proof for financial dependency?

[@phillipineramoloto5002]

Poor sound

[@workjdupreez]

The title does not correspond to what is busy being explained.