n Professional Accountant - Creation of a trust : beware of the dangers : trust administration

Volume 2012 Number 1
  • ISSN : 1680-7537


The impression is often gained that, worldwide, trusts are seen as a solution to all problems: whenever a legal or other impediment exists, a trust can be formed to solve the problem. However, the creation of a trust poses several dangers which may mean that the trust creates more problems than it aimed to solve. In this article the formalities for creating a valid trust will be discussed.

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