What You Need To Know About Trusts in South Africa

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What You Need To Know About Trusts in South Africa

Рет қаралды 19,166

Күн бұрын

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...

Пікірлер: 54

@phelelanimkhize4522 6 ай бұрын

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

@FinanciallyFabulousFemales 6 ай бұрын

😂 glad you finally found it

@Boutit031 3 жыл бұрын

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 3 жыл бұрын

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 3 жыл бұрын

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

@zanelevundla5829 Жыл бұрын

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

@TheRamaness 2 жыл бұрын

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

@FinanciallyFabulousFemales 2 жыл бұрын

Thanks for subscribing

@maxine6933 18 күн бұрын

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 17 күн бұрын

I will create a video on this

@maxine6933 16 күн бұрын

@@FinanciallyFabulousFemalesThank you

@IAM_MrGrey 3 жыл бұрын

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

@FinanciallyFabulousFemales 3 жыл бұрын

Not a problem

@mathulemadire5008 Жыл бұрын

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

@FinanciallyFabulousFemales Жыл бұрын

Glad it was helpful!

@terrific20 7 ай бұрын

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

@FinanciallyFabulousFemales 7 ай бұрын

Will work on that

@IAmRitmo Жыл бұрын

Beautiful💖

@Reba_fr 5 ай бұрын

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

@jacobthenoblesmith1892 2 жыл бұрын

Very informative

@FinanciallyFabulousFemales 2 жыл бұрын

Glad you enjoyed the content

@ntandomndawe4544 Жыл бұрын

How do I go about starting a trust ?

@FinanciallyFabulousFemales Жыл бұрын

You would need an attorney

@NotAdisabilitybutAbility 2 жыл бұрын

Wow thank you.

@v.mpongwana2245 2 жыл бұрын

The sound is bad! Yho!

@lofteyshabangu6176 Жыл бұрын

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 Жыл бұрын

Depends on your financial goals not what your current assets are

@lofteyshabangu6176 Жыл бұрын

@@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 Жыл бұрын

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

@nicolusellapen6612 Жыл бұрын

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

@FinanciallyFabulousFemales Жыл бұрын

Sure consultant@solomonwealth.co.za

@jo-lenesathorar8795 4 ай бұрын

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

@FinanciallyFabulousFemales 2 ай бұрын

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

@mauriceesquyl7343 2 жыл бұрын

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

@FinanciallyFabulousFemales 2 жыл бұрын

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

@mauriceesquyl7343 2 жыл бұрын

@@FinanciallyFabulousFemales Which reputable trust do you recommend?

@FinanciallyFabulousFemales 2 жыл бұрын

@@mauriceesquyl7343 Depends on your goals

@mauriceesquyl7343 2 жыл бұрын

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

@xolasitela8663 5 ай бұрын

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

@FinanciallyFabulousFemales 5 ай бұрын

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

@stephanieabigalesam Жыл бұрын

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 Жыл бұрын

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

@user-xt7ph3vb8c 10 ай бұрын

Soynd quality

@amosradebe573 Жыл бұрын

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 Жыл бұрын

Seems like to need an assistance of an attorney