☑ Act in terms of Letter of Authority and trust deed
☑ Safeguard trust assets and keep them separate from personal assets
☑ Act honestly, impartially, and in the best interest of beneficiaries
☑ Maintain accounting records and register of trust property
☑ Convene trustee meetings and sign resolutions
☑ Distribute income/capital per trust deed

☑ Maintain trust minute book (resolutions, minutes, correspondence)
☑ Maintain Beneficial Ownership Register and file updates with Master
☑ File trustee changes and amendments with Master
☑ Liaise with co-trustees, beneficiaries, and professionals

☑ Implement FICA compliance (RMCP and due diligence)
☑ Submit Beneficial Ownership filings to Master’s Office
☑ File annual Master’s Office returns if required
☑ Report suspicious transactions to FIC where necessary

☑ Open and manage trust bank accounts
☑ Prepare or arrange annual financial statements
☑ Register trust with SARS and file IT12TR tax returns
☑ Issue IT3(t) certificates to beneficiaries
☑ Manage Section 7C loan accounts
☑ Ensure correct Capital Gains Tax (CGT) treatment

☑ Review trust deed for legal & tax compliance
☑ Recommend amendments where required
☑ Educate co-trustees on duties and liabilities
☑ Annual compliance audit and report
☑ Assist with succession planning for trustees

☑ Provide annual trustee report to beneficiaries
☑ Keep beneficiaries informed of decisions
☑ Maintain transparent records and distribution schedules

☑ Estate planning and will drafting
☑ Family governance facilitation and mediation
☑ Investment oversight and liaising with financial advisors
☑ Legal/notarial services where needed (antenuptial contracts, notarial bonds)