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Moneyweb: The important role of independent trustees in a family business trust

Penny du Plessis, Vice-Chair of FISA, chatted to Moneyweb’s Amanda Visser about the role of an independent trustee in a family business trust, with reference to a court case on this topic which highlighted the need for separation between enjoyment and control. Since 2017 it has been a legal requirement for family business trusts to appoint an independent trustee.

You can read the article here.

 

 

 

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