Administration of Trusts

Galileo Advisory Services has extensive legal experience in acting as an independent trustee on trusts, including business trusts, employee benefit trusts, BEE trusts, family trusts and testamentary trusts.

The independent trustee plays an important role in the proper administration of a trust. Further, it is a requirement for a trust to have an independent trustee to ensure that the trust assets are managed independently and administered for the benefit of the beneficiaries.

Our services as an independent trustee includes:

  • Hosting annual trustee meeting;
  • Attendances to trust-related queries;
  • Drafting of agendas and minutes of meetings;
  • Drafting of resolutions;
  • Annual review and update of your Will, and the Wills of your family;
  • Annual review and routine updates of your trust deed;
  • Beneficial Ownership Registers and all statutory compliance requirements; and
  • Including reasonable trust-related consultations.

Our team of legal practitioners bring a wealth of experience and expertise in trust law in the fulfilment of their responsibilities as independent trustees.