Phia van der Spuy looks in her regular iol Personal Finance column at the deregistration of trusts. Everybody is “up in arms” about the new anti-money laundering and combating of terrorist financing measures introduced which affect trusts but, she says, a knee-jerk reaction should be avoided and the situation carefully analysed before switching to other planning structures.
Read the piece here.
Phia is a CA with a Masters degree in tax, an FPSA®, a Chartered Tax Adviser, a Trust & Estate Practitioner and the founder of Trusteeze, the provider of a digital trust solution.