trust

www.MyPE.co.za: I received an enquiry from an anxious client wanting to know whether he can be held personally liable for his actions as a trustee, writes financial planner Pieter Willem Moolman. The answer is simple. Yes, of course you can! In a recent Supreme Court of Appeal case it was found that trustees dealt with trust property without being authorised to do so and that they simply ignored the provisions of the trust deed. Trustees are appointed to look after trust assets on … [Read more...] about Pieter Willem Moolman: A Position of Trust