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iol: Don’t allow your so-called adviser to de-register the trust

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.