When: Thursday the 14th of July 2022

Time: 10 am (one hour)

Where: ZOOM, Join Zoom Meeting

https://us02web.zoom.us/j/83777750055?pwd=UXZZMEhqbkhqTmw2eS9oQWRUNWRKZz09 

Topics of discussion:

1. What is a Trust, the basics?
2. What is the IT number of a Trust?
3. Is it a good idea to buy a property in a Trust?
4. What are the advantages/disadvantages of buying a property in a Trust?
5. What are the “consequences” if a Trustee pays the bond with his own money?
6. What are the “consequences” if a Trustee uses his own money to buy a property in a Trust?....ie. Loan account….donation tax etc.
7. Can Trustees sign surety when buying a property in a trust?
8. What is the difference between personal tax (%) and tax (%) on a Trust?
9. Is there a difference in terms of TRANSFER DUTY when buying a property in your personal name or a Trust?
10. The differences in capital gains Tax between an individual and a Trusts when a property is sold.
11. When buying or selling a property do all the Trustees have to agree to it?..... What is a Resolution and how does that compare to a Power of Attorney?
12. Do all the Trustees have to sign a sale agreement?
13. What if one or more of the Trustees refuse to sign such an agreement or if he/she disagree with buying/selling a property?
14. What is a TRUST DEED is and why it is so important to always know what is in the Trust Deed i.e. the rules if Trustees disagree on a sale/purchase of a property?
15. When a Trustee passes on, will it have any effect on the Trust itself?

About the speaker:

Phia van der Spuy is a Chartered Accountant with a Masters degree in Local and International Tax, a registered Fiduciary Practitioner of South Africa®, a Master Tax Practitioner (SA)™, a Trust and Estate Practitioner (TEP) and the founder of Trusteeze®, a professional trust practitioner. She also holds a B.Com honours degree in Industrial Psychology. Phia writes about trusts and estate planning in various national newspapers on a regular basis to educate and enlighten estate owners. She also recently published the second edition of her book called “Demystifying Trusts in South Africa” to educate all role players in a trust. 

Who to attend:

• Estate agents
  
• Landlords and
• Investors