Advocate Muhammad Abduroaf Attorney Appeal Constitutional Court Supreme Court

Posted on 11 February 2025 by Telelaw

Advocate Muhammad Abduroaf Attorney Appeal Constitutional Court Supreme Court

The Family Trust in South Africa – Do you have your Family Trust registered?
A family trust can play an important role in your family’s life. It may continue to do so after you passed away. The same like owning property, a car or a business, creating and running a family trust may sometimes be beneficial to both you and your family. The aim of this article is to bring the concept of the Family Trust to your attention.
What is a Family Trust in simple terms?
Basically, someone called a founder or donor would donate some money or property and appoint trustees to administer the property for the benefit of certain identified beneficiaries. The property would then be called the Trust Property. This arrangement and agreement is called a Trust. The terms of the agreement would be stipulated in a Trust Deed. The Trust Deed is a legal document. This document would then be registered with the Office of the Master of the High Court. The Trustees may only act in terms of the Trust Deed. All property, money and so on that is donated to the Trust, by the founder or anyone else, does not belong to him or her. The property belongs to the trustees in their capacity as trustees for the time being of the Trust. So, if trustees change, the new trustees take on the responsibility to manage the Trust Property as initially agreed to by the initial Trustees and the Donor. And of course, the Trustees can only use the Trust Property as stipulated in the Trust Deed.
Example of the implementation of a Family Trust
Let’s say the Trust Deeds states that the Trust assets are to be used for the benefit of the Founder’s grandchildren. It is to be used for school fees, and tertiary education and the like. Therefore, the Trustees would then have to utilise the Trust property to pay for the school fees of the founder’s grandchildren. If the grandchildren are not at school yet, the Trustees may have to invest the Trust assets until such time it is needed for school fees.
When would a Trust Terminate?
The Trust Deed would stipulate when the Trust would terminate and what should happen to its assets at the time. If one applies the example above, it may state that the Trust terminates when the youngest grandchild completes University. Should this happen, then the Trust Deed may stipulate that the remaining Trust assets be distributed to all these grandchildren in equal shares.
Tax and legal implications of a Trust
The tax laws applicable to a Trust may differ significantly to that of an individual or a company. It is therefore important to consult an accountant or tax practitioner on such implications. If a Trust is an ideal vehicle to use to secure your family’s financial future, then creating a Trust sooner than later may be the best thing to do.
Speak to us should you wish to register a Family Trust
Should you wish to register a Family Trust, feel free to contact us. We are certain that you found the above article useful and interesting. Please consider sharing it on the share buttons below. They include Facebook, Twitter, LinkedIn, WhatsApp, Gmail and more. Someone may find it useful as well. Should you require business advice or services, feel free to click on these links: Business SA | Private Legal | Envirolaws

Posted on 11 February 2025 by Telelaw

How to find the best advocate or attorney for legal services in South Africa?
Finding the best legal practitioners for you is not always straightforward. However, with some research and attention to detail, you will find the right person for the job sooner than later. Advocates and attorneys both assist their clients with legal matters. Legal issues vary, and not all advocates and attorneys do the same type of work. And then again, not all attorneys are the same, and not all advocates are the same. You should be familiar with this if you intend to use the top or best attorney or advocate for your matter.
Type of Attorney in South Africa
When we speak about attorneys, we need to differentiate them from lawyers in general. A lawyer can be someone who works for the government or in a corporation and who only advises on legal issues. They would not represent their employee at work, nor would they ever set foot in a courtroom. However, attorneys, on the other hand, usually represent clients in legal matters. The matter can relate to employment issues, family law issues, or debt collection. Therefore, the distinct difference between an attorney, and a lawyer who is not an attorney, is that the attorney would represent members of the public in legal matters. You also find attorneys who are conveyancers and notaries. They are specialists. Therefore, to obtain the best attorney for you, make sure you know that not all lawyers are attorneys and that not all attorneys do the same work.
Type of Advocates in South Africa
Advocates usually represent clients in legal matters. When you speak about and advocate, you usually refer to matters connected with the Court. You also have an advocate doing office work, but then that type of work can be done by an attorney or lawyer. In South Africa, we have two types of advocates. They are the referral advocate and then the Trust Account Advocate. The Trust Account Advocate can take work directly from members of the public. Basically, the same as an attorney can. The client would pay a deposit into the Trust Account Advocate’s Trust Banking Account. Advocate Muhammad Abduroaf is a Trust Account Advocate. He can therefore take instructions directly from members of the public. If you wish to instruct him on a legal matter, feel free to do so. If, however, he is unable to be of assistance, he will do his best to obtain a lawyer that suits your needs. [caption id="attachment_10671" align="alignnone" width="300"] Advocate Muhammad Abduroaf – Trust Account Lawyer- Best Legal Law Practitioners (Advocate Attorney) Child Custody Maintenance Contact Divorce Relocation Passport Consent High Court Cape Town[/caption] [caption id="attachment_10670" align="alignnone" width="300"] Advocate Muhammad Abduroaf – Trust Account Lawyer- Best Legal Law Practitioners (Advocate Attorney) Child Custody Maintenance Contact Divorce Relocation Passport Consent High Court Cape Town[/caption] [caption id="attachment_10669" align="alignnone" width="300"] Advocate Muhammad Abduroaf – Trust Account Lawyer- Best Legal Law Practitioners (Advocate Attorney) Child Custody Maintenance Contact Divorce Relocation Passport Consent High Court Cape Town[/caption] [caption id="attachment_10668" align="alignnone" width="300"] Advocate Muhammad Abduroaf – Trust Account Lawyer- Best Legal Law Practitioners (Advocate Attorney) Child Custody Maintenance Contact Divorce 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Posted on 11 February 2025 by Telelaw