Trusts have been used in South Africa since the 1800s, and became a popular way to manage assets, given that they offered a variety of benefits including asset protection, tax…
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In the past, exchange control policy relating to distributions from an inter vivos trust were complex and restrictive, which meant that the processes involved in transferring money out of South…
If you are the beneficiary of a South African inter vivos trust living abroad, there are some important things you need to be aware of in order to stay on…
The South African Reserve Bank’s Financial Surveillance Department (FinSurv) issued four new circulars in May this year amending the Currency and Exchanges Manual for Authorised Dealers (AD Manual). This important…
If you are a beneficiary of an inter vivos trust in South Africa, and you’ve got plans to emigrate abroad or you recently relocated abroad, you probably have a few…