Quoting two court cases on the matter, Phia van der Spuy looks at the ins and outs of bequeathing assets to an existing trust.
The most basic, first thing to do is to check if the trustee power clause in the trust deed authorises trustees to accept further assets.
Phia is a FISA member, an FPSA® and founder of Trusteeze. She is also the current recipient of the FISA Chairperson’s Award.
Read the article here.