Trusts and Fiduciary Services

Strategies that help grow and protect.

There are many benefits in creating a Trust, including asset protection and preservation, continuity, making provisions for your family’s specific needs, and tax efficiency. It is important that a Trust is not motivated by the desire to minimise tax, but rather to integrate it into a comprehensive and well-structured estate plan. The devolved ownership, flexible constructions and protection of beneficiaries make Trusts an ideal solution to a range of complex situations. Rockfin offers a range of solutions to these challenges – here at Rockfin we create structured and tailor-made solutions to meet our clients’ individual objectives, providing stability for the present and protection for the future. From first contact, we examine each client’s requirements and future aspirations, and analyse pre-existing structures. From tax and estate planning for private clients, to specific Trusts such as Special Trusts, Charitable Trusts and BEE Trusts, Rockfin’s expertise guarantees that aspirations are realised and benefits maximised for all our clients.

Why Choose Rockfin as your Trust and Fiduciary Advisory?

Highly Skilled Advisors

Providing you with the best care and most up-to-date advice, at affordable rates, with proven solutions.

Flexible Plans

Forever evolving, keeping up-to-date, and overcoming new challenges.

Tailor-made Solutions

Developed to accompany your aspirations and objectives.

How We Can Help

Our trust service includes facilitation of the administration of testamentary trusts which are created in a Last Will and Testament and which becomes operative upon the death of the testator.

The administration of any trust involves the following:

  • Managing assets and investments.
  • Managing relationships between beneficiaries and Trustees.
  • Compliance with relevant legislation

There are a variety of reasons why a trust should be established:

  • Safeguarding assets for minor beneficiaries.
  • To honour maintenance commitments in terms of a divorce order or settlement agreement.
  • Providing for disabled dependents and aged persons.
  • Protecting and providing assets for the following generations.
  • Serving as a holding vehicle for assets, as part of an estate planning structure.
  • Providing a regular income for select charities and PBO’s.
  • Providing for the dependents of a deceased employee.

F.A.Q

What is a trust?

Trusts are popular planning tools and are widely used in most jurisdictions in the financial world, including South Africa. It is an agreement between a Founder and Trustees, to administer assets for the benefit of beneficiaries.

If I receive the proceeds of a policy as beneficiary, am I liable for Estate Duty?

Yes, you might be liable for a pro rata share of the estate duty imposed on a deceased estate, should you not comply with the requirements for exemption offered in terms of the Estate Duty Act.

Who should I appoint as Executor of my estate?

Any person may be appointed as Executor of an estate, but the Master of the High Court will insist that a “non-expert” Executor be assisted by a qualified professional.

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