Beneficial Trust Agreement Template for South Africa

1. Remuneration of Trustees: Details of trustee compensation and expense reimbursement - included when trustees are to be paid

2. Investment Guidelines: Specific investment policies and restrictions - included for trusts with substantial investment portfolios

3. Distribution Committee: Structure and powers of a distribution committee - used in larger trusts with complex distribution needs

4. Trust Protector Provisions: Appointment and powers of trust protectors - included when additional oversight is desired

5. Special Needs Provisions: Specific provisions for special needs beneficiaries - included when beneficiaries have special requirements

6. Business Operation Provisions: Rules for operating business assets - included when trust holds business interests

7. Foreign Asset Provisions: Special provisions for foreign assets - included when trust holds international investments

1. Schedule A - Trust Property: Detailed inventory of initial trust assets and properties

2. Schedule B - Beneficiary Details: Complete list of beneficiaries with their personal information and benefit entitlements

3. Schedule C - Distribution Rules: Specific rules and formulas for calculating and making distributions

4. Schedule D - Trustee Information: Details of appointed trustees including contact information and acceptance of appointment

5. Appendix 1 - Investment Policy: Detailed investment guidelines and restrictions

6. Appendix 2 - Administrative Procedures: Operational procedures for trust administration

7. Appendix 3 - Fee Schedule: Schedule of trustee fees and administrative costs if applicable