CUSTOM SERVICES TO FIT YOUR PREFERENCE
Our Service Offerings
OUR SERVICE OFFERINGS
What Sets Us Apart – Where Expertise Meets Passion
At Trustees for the Future, we are committed to ensuring that these values are achieved. We are passionate about forming a trusted relationship with our clients’ family that will stand the test of time, protect their legacy, and advise and support our clients’ loved ones when our clients are no longer capable of doing so themselves.
- Our Legacy: Multiple generation client relationships (spanning over 24 years).
- Expertise: 136 years of collective experience, with 48 years shared among three fiduciary advisors.
- Qualifications: 19 formal qualifications among 3 advisors and a total of 12 employees.
- Professional Accreditations: Tax practitioners, Certified Financial Planners, Corporate secretaries, FISA members and Attorney, Notary and Conveyancer.
Our View on Estate Planning
Our focus is not to set up wills and administer deceased estates. Our focus is on creating executable estate plans and ensuring their regular review and refinement thereof for our client’s direct family and generations to come.
1. Craft a Comprehensive Estate Plan
- Ensures assets are distributed in accordance with your wishes, minimising legal and financial issues for loved ones.
2. Beyond Just a Will
- While a will is crucial, estate planning goes beyond that. It considers factors like marriage contracts, various taxes, and even death expenses to minimise burdens on your loved ones.
3. Liquidity Needs
- Many South African estates lack liquidity to settle debts, causing financial strain. Proper planning for death taxes is crucial for asset distribution to heirs.
4. Business Ownership
- For business owners, estate planning can protect personal assets from business creditors upon death.
5. Offshore Assets
- Consider how changes in South Africa’s tax protocols may impact your offshore assets and investments.
Myths About Estate Planning
Estate Planning is Only for the Wealthy
- Estate planning is essential for everyone, regardless of asset size. Proper planning ensures your loved ones are well-cared for and minimises potential losses.
It is a “Once Off Exercise”
- Don’t underestimate the power of keeping your estate plan up-to-date. Regular reviews ensure your family structure and assets are accurately reflected, minimising confusion and potential disputes. This also guarantees your beneficiaries are named correctly. But the most significant benefit lies in the ease of administration. With current information on record, your wishes can be carried out smoothly, saving your loved ones stress and confusion during an already difficult time.
SERVICE OFFERING 1
Family Office
Welcome to Trustees for the Future, a fiduciary company that offers exceptional services to clients who are serious about wealth creation and management. We understand that every family has unique needs and challenges, which is why we offer an individual approach to tailor financial solutions to fit the needs of you and your family. Our team gains an understanding of your entire family and business structure, including all supporting entities and persons. With a big-picture view, we filter it through tax, wealth, risk, compliance, succession, finance, governance, and everything we know or ought to know. This way, we can generate a tailor-made solution to streamline and manage your cohesive entity. We are the indispensable first line of approach on all important decisions and work with other advisers to ensure that your cohesive entity makes the best possible decisions.
Our services include family governance and generational transition planning, wealth management and planning, together with select financial advisors, auditors/accountants, and other professional advisors, and independent trustee services.
SERVICE OFFERING 2
Administration of Deceased Estates
Losing a loved one is undoubtedly one of the most challenging situations you will ever face. At Trustees for the Future, we understand the immense emotional toll this can take on you and your family. That’s why we offer our expert services in the Administration of Deceased Estates, so you can focus on what really matters during this difficult time.
Estate administration can be a complex and confusing process, which is why choosing the right executor is crucial. The executor plays a vital role in managing the deceased’s assets, protecting and preserving them, identifying heirs, fulfilling legal requirements, paying debts and administrative expenses, and handling final tax returns. Our team of professionals can provide you with the necessary guidance and support to ensure that this process is handled efficiently and with the utmost care.
SERVICE OFFERING 3
Specialised drafting of legal and/or supporting documents pertaining to Fiduciary Advice and Estate Planning
The specific documents a fiduciary would set up will depend on the nature of their fiduciary relationship and the assets or services they are managing. Here are some examples of documents that a fiduciary may set up:
SERVICE OFFERING 4
Administration of Trusts with Special Needs
(Mentally incapacitated Beneficiary or Minor Children)
At Trustees for the Future, we provide professional administration services for Trusts with special needs beneficiaries, such as mentally incapacitated individuals or minor children. Our experienced Trustees take complete responsibility for managing the Trust, including investments, budgeting, allocation of payments and income, and other related tasks.