We take the role of an independent trustee very seriously as it is one of great responsibility and which, if not complied with correctly, can have adverse tax consequences for the donor.  Our responsibilities for the administration of the Trust would include the following:

• Ensuring that the trust property is adequately insured and funds are properly invested by measuring fund managers performance to approved benchmarks;
• Determining the short, medium and long term income and capital needs of the beneficiaries;
• Ensuring that the provisions of the trust deed are complied with and upheld at all times:
• Ensuring that all the trusts’ statutory requirements are complied with;
• The preparation and maintenance of a trust asset register (investments and fixed assets);
• Conducting trustee meetings annually, bi-annually or quarterly, depending on the on the size of the trust and the type and level of investments;
• The recording of the minutes of the trustee meetings and investment decisions;
• The maintenance and safekeeping of the minute book;
• The drafting of special resolutions and making minor changes to the trust deed;
• The drafting of loan agreements;
• Advising on the trust and ensuring that the trust is being utilized as an efficient estate planning tool;
• General tax advice relating to the trust