Can I change my trust deed?
Derek Springett
Chief Executive Officer at Harbour and Associates Management Services (Pty) Ltd
So, you paid about R4 000 or less for a trust drafted by an attorney. Then you read my book "16 Steps to Wealth" and realised that you'd made a mistake. You should have spent about R11 000 and got yourself a Legacy Trust and one which did not have all the faults that yours contains.
Can you change your Trust Deed?
Yes. fortunately, the Master once again (after much flip-flopping) allows us to completely replace one Trust Deed with another. It remains the same trust, with the same name and registration number.
And the cost? Well, we feel for you, so we offer to put you right for about R8 000 including VAT depending upon where the trust is registered.