In this video, I explain what a trust is, when it makes sense, how trusts are taxed, and the biggest mistakes I see people make. We also unpack the conduit principle, Section 7 attribution rules, donations tax, Section 7C, trustee responsibilities, trust costs, offshore trusts, and common estate planning pitfalls.
Whether you're building long-term family wealth or simply wondering if a trust is right for you, this video will help you understand the fundamentals before making one of the biggest estate planning decisions of your life.
In this video:
✅ What is a trust?
✅ When should you have a trust?
✅ When should you avoid a trust?
✅ Trust taxation explained
✅ The conduit principle made simple
✅ Section 7 attribution rules
✅ Donations tax & Section 7C
✅ Primary residence and trusts
✅ Property in a trust vs company
✅ Offshore trusts explained
✅ Common trust mistakes
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About Me
Hi, I'm Tiaan Herselman, a Financial Professional, CFP® professional and MBA (Cum Laude).
I create practical, evidence-based videos on:
• Investing
• Estate Planning
• Retirement Planning
• Offshore Investing
• Tax Planning
• Wealth Creation
My goal is to simplify complex financial concepts to help South Africans make better financial decisions.
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📞 Contact Details
📱 Cell:
+27 78 838 3450
🌐 LinkedIn: www.linkedin.com/in/tiaan-herselman
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⚠️ Disclaimer
This video is intended for educational purposes only and does not constitute financial, tax, legal or investment advice. Every individual's circumstances differ. Before implementing any strategy discussed in this video, consult a suitably qualified financial adviser, fiduciary practitioner, accountant or tax specialist. Tax legislation and SARS practice may change over time.
Read More
By: TiaanFinance
Title: The Truth About Trusts in South Africa (Most People Get This Wrong)
Sourced From: www.youtube.com/watch?v=NCoyUYNbLpo
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