We administer numerous Trusts both inter vivos (set up during the settlor's lifetime) and testamentary (Trusts which only come into being on the death of the testator). We have many years of experience and offer a personal, businesslike service for the benefit of both income and capital beneficiaries.

The object of a Trust is to vest specified assets in the name of a trustee or trustees for administration on behalf of beneficiaries in accordance with conditions laid down in the document whereby the trust is created. Trusts can be created either during the lifetime of the settlor and are known as inter vivos trusts or they can be created by a testator in his will and only come into being on his death. These trusts are known as testamentary trusts. A trustee can only be appointed by the Master of the High Court under Letters of Authority issued by the Master of the High Court provided he is satisfied that the provisions of the Trust Property Control Act 57/1988 have been properly complied with.

Herold Gie have over 100 years of experience in the drafting of trust deeds in respect of inter vivos trusts and wills in respect of testamentary trusts and administer numerous trusts for the benefit of both income and capital beneficiaries. Herold Gie will ensure that the trust document is correctly drafted and registered with the Master of the High Court and that the trustees are properly appointed by the Master of the High Court. They will ensure that the trust is administered with expertise for the benefit of both income and capital beneficiaries.

We also specialise in the following areas:

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