Estate Planning
Estate planning involves applying the law of property, trusts, wills, future interests, insurance and taxation to order the estate planner’s affairs for his benefit and enjoyment, as well as that of his family, during his lifetime and after his death. The estate planning process should be aimed at:
- ensuring the practical implementation of estate plans,
- minimising estate duty and administration cost
- taking cognisance of legislative changes,
- protection of minors’ inheritances
PricewaterhouseCoopers can assist individuals with:
- identifying the estate planner’s needs,
- drafting the estate plan,
- consultation with regards to wills,
- formation of inter vivos or testamentary trusts,
- implementing the estate plan,
- administration of estates as executors or as agents of nominated executors,
- determining the liquidity of the estate
Trust Administration
Trusts are used to secure personal investments as a complement to overall estate and financial planning. PricewaterhouseCoopers can:
- advise individuals on the formation of trusts as well as the tax and legal consequences of such an arrangement
- assist with the formation and registration of trusts assist with the implementation of the objects of trusts
- advise on the administrative requirements of trusts
- deal with the day-to-day administration of trusts, including the preparation of annual accounts and tax returns
- act as accountants or auditors of trusts
- provide registered office facilities
- provide services as independent trustees
- provide such investment and banking services as may be required
