Page 11 - P6 Slide Taxation - Lecture Day 2 - Trust

Special trust

• A trust created solely for the benefit of a person who

has a disability which prevents him/her from earning

sufficient income for his/her maintenance or from

managing his own financial affairs.

OR

• trust created in terms of the will of a deceased person,

solely for the benefit of beneficiaries who are his

relatives and who are alive (including any beneficiary

who has been conceived but not yet born) on the date

of death of that deceased person, where the youngest

beneficiary must be < 18 years on the last day of the

YOA of the trust.

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