Yes and Nedbank has its own investment platform also to make it easy. However the stocks don't even need to be on their platform it can be anywhere but will just make it a little more cumbersome to manage. Property, art, gold and literally most assets can be placed into the trust.
Well you can't control the assets in a discretionary trust. Also thinking you can stick stocks and bonds in︀ there and then control them wont work. The term discretionary means the trustees decide how︁ assets are distributed. A letter of wishes you create for the trust however can be︂ used to provide guidance to the trustees. However it is also important if you have︃ stocks in the trust to appoint a portfolio manager to the trust. Appointing one early︄ helps in case you become a vegetable after a car accident for example and the︅ trust needs the stocks to be manager. Nedbank provides portfolio managers as an extra service.︆ You can discuss with them early your investment wishes and style or leave written instructions︇ and if worst happens everything gets fully managed with them already appointed.
100% yes.
Well you can't control the assets in a discretionary trust. Also thinking you can stick stocks and bonds in︀ there and then control them wont work. The term discretionary means the trustees decide how︁ assets are distributed. A letter of wishes you create for the trust however can be︂ used to provide guidance to the trustees. However it is also important if you have︃ stocks in the trust to appoint a portfolio manager to the trust. Appointing one early︄ helps in case you become a vegetable after a car accident for example and the︅ trust needs the stocks to be manager. Nedbank provides portfolio managers as an extra service.︆ You can discuss with them early your investment wishes and style or leave written instructions︇ and if worst happens everything gets fully managed with them already appointed.
100% yes.
