Taken on Trust

Taken on Trust By Roz Wrottesley This article was first published in the third-quarter 2014 edition of Personal Finance magazine. A testamentary trust (also known as a will trust) comes into being after the death of the testator, because the trust clauses are contained in the will. The main purpose of such a trust is to protect the assets in the estate for (and sometimes from) the beneficiaries. As with all trusts, a testamentary trust is a means of transferring…

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Mandela Day 2014

Mandela Day 2014 Legacy | FS partnered with the Simondium Creche near Stellenbosch this year, as part of our 67 Minutes for Mandela Day. We visited the creche on Wednesday 30 July and spent the morning assisting with some much needed renovations, as well as?spending time with the children. As part of meeting some of their needs, we handed over toys, teaching aids and new plastic motorbikes. It was an amazing experience and we were truly humbled by the reception…

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Legacy FS co-sponsors the Legacy FS Red Cross Children’s Hospital Cycling Team

As Legacy FS we are always looking for ways to try and stimulate society, groups, families, clients and acquaintances to create living legacies (contributions and while they are still living and not only in their wills or in trusts.) Thus not just financial legacies at the “end” as it were, but living growing and on-going legacies that they can nurture and contribute to during their lifetime and watch grow. It does not matter how big or small the contribution is,…

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