Webinar - Trusts & Loan Accounts
Loan accounts to and from trusts are a constant topic of debate.
In this webinar we discuss the relationship between loan accounts with trusts and legislation, tax, and the deceased estate.
Section 7C of the Income Tax Act is not your only concern when there is a loan account with a trust. Other considerations include the impact on the estate, a liquidity shortfall in the estate, the possibility of an insolvent estate or trust, possible action against trustees, legacy complications of bequeathing loan accounts, exposing trust assets to creditor risk to name but a few.
Topics covered during this Webinar
Both Renate and Phia will discuss in detail the relationship between loan accounts with trusts and legislation, tax, and the deceased estate.
Who is it for?
Trustees, Trust Advisors, Financial Advisors, Financial Planners, Accountants, Estate Planners, Estate Administrators, Attorneys, and anyone who works and advises in the trust, tax and accounting space.
Please note:
CPD: 1 hour, non-verifiable for FPI and FISA members
Only R450 per person
Reserve your seat now!
Date: Thursday, 16th March 2023
Time: 14:30 to 15h30
TRUST ACCOUNTING & TAX SPECIALIST
Renate Jute
Renate has been actively involved in the Financial Services Industry for over 20 years and entered the specialised fields of Trust Administration and Accounting in 2001.
In 2017 she founded Noble Prosperity where her focus is more personal and geared towards trusts, estates, the education of financial planners & accountants and the prosperity of business owners.
She has a podcast called Business Brainwaves, she hosts online Masterclasses to educate and empower the participants and also writes a blog which keeps her readers up to date with trust and estate matters as well as fundamental business skills.
Renate is a CERTIFIED FINANCIAL PLANNER®, FPSA® and Tax Practitioner. Currently A Non-Executive Director of the FPi (Financial Planning Institute of South Africa), she is also a member of SAIT (South African Institute of Tax), FISA (Fiduciary Institute of Southern Africa), and the FPi (Financial Planning Institute of South Africa). Renate is registered with COMENSA (Coaching and Mentoring Southern Africa).
TRUST ACCOUNTING & TAX SPECIALIST
Phia van der Spuy
Phia van der Spuy is a Chartered Accountant with a Masters degree in Local and International Tax, a registered Fiduciary Practitioner of South Africa®, a Chartered Tax Adviser, a Trust and Estate Practitioner (TEP) and the founder of Trusteeze®. She also holds a B.Com honours degree in Industrial Psychology.
Phia co-founded a company that digitised trust administration and accounting, called Trusteeze. Her idea to digitise trust administration and accounting was born when she acted as a business coach for the Microsoft Bizspark programme’s technology startups. Trusteeze is evolving and is becoming a digital solutions provider in the fiduciary space – a disrupter. Trusteeze secured a competitive Professional Indemnity product on the back of its system. The group has expanded internationally and the group internationally is called WealthEeze. It operates from the Isle of Man.
Phia writes about trusts and estate planning in various national newspapers on a regular basis to educate and enlighten estate owners. She also published the second edition of her book called “Demystifying Trusts in South Africa”, to educate all role players in a trust.
She speaks at various conferences, on radio programmes, television programmes, professional bodies, is a guest lecturer for universities on the topic of trusts and estate planning, and the examiner for the Trust Administration module in the Advanced Diploma in Estate and Trust Administration at the University of the Free State.
Phia has received the FISA Chairperson’s Award 2020 for her contribution to the fiduciary industry.
Topics covered during this Webinar:
Both Renate and Phia will discuss in detail the relationship between loan accounts with trusts and legislation, tax, and the deceased estate.
Want to know more? Join us!
Only R450 per person
Please note: CPD: 1 hour, non-verifiable for FPI and FISA members
Date: Thursday, 16th March 2023
