We recommend that you seek these services if you

  • Have a maintenance order following a divorce

  • Are in need of protecting your assets from any beneficiary

  • Are currently holding assets on behalf of minors until they come of age, for estate planning purposes, or to provide for charities.

How you can benefit from testamentary trust services

As part of your estate planning, we will assist in appointing a testamentary trustee, who will act in the interests of your trust and its beneficiaries by doing the following:

  • Receiving assets from executors once the estate has been dissolved

  • Ensuring that execution of the trust remains impartial and guided only by your will

  • Undertaking prudent investments rather than risking the trust's assets

  • Ensuring that payments are made according to your will

  • Preparing annual financial statements and finalising income tax returns

About inter vivos trusts

An inter vivos or family trust is established by the founder during their lifetime and is set up according to their specifications. Nominated trustees are responsible for administering the assets to beneficiaries in accordance with the trust deed and relevant legislation.

Trusts are constantly monitored to ensure compliance. So, it is important to make sure that your trust documentation is up to date and correct.

Beneficiaries can include the founder, trustees, and any person or institution specifically referred to in the trust deed registered with the Master of the High Court.

Ready to get it done? Speak to the experts.

With a Nedplan Insurance Broker at your side, you can ensure that the future remains possible.

Call now

You can also email nedplan@nedbank.com.na or ask us to call you back.