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Lynn T
Lynn T,
Category: South Africa Law
Satisfied Customers: 23
Experience:  legal and compliance at Sabinet
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Is a Donor of a Trust the same as a Grantor? South Africa,

Customer Question

Is a Donor of a Trust the same as a Grantor?
JA: Where is this? It matters because laws vary by location.
Customer: South Africa
JA: What steps have been taken so far?
Customer: The "Donor" (my brother) is listed in the founding documents of the Trust as having contributed a small amount to the establishment of the Trust. However the majority of the assets of the Trust came from my father.
JA: Anything else you want the Lawyer to know before I connect you?
Customer: Nope.That's all thanks.
Submitted: 17 days ago.
Category: South Africa Law
Expert:  Lynn T replied 17 days ago.

Evening

Thank you for using JustAnswer.

I am an attorney based in South Africa and will assist you with your query.

I am reviewing your query and will revert shortly.

Kind Regards

Expert:  Lynn T replied 17 days ago.

In terms of South African Law a donor and a grantor have separate rolls and are not seen as performing the same duties therefore not the same thing, however it is dependent on the trust document and the clauses contained therein.

Please advise in more detail what your query is in this regard in order for me to advise you accordingly. You may also send me the trust deed in order for me determine the exact roles as per the definitions.

I look forward to hearing from you.

Kind Regards

Expert:  Lynn T replied 15 days ago.

Morning

Please advise whether you have any further questions in this regard.

Kind Regards