Introduction to Trusts - Trust Tax Fundamentals 2026

Explore how trusts are created, the legal principles that underpin them, key roles, trust types and the trust taxation framework.

In this session, we cover:

• Defining ‘Trust’

• Trust Components & Concepts

  • Settlor

  • Settled sum

  • Trust property

  • Beneficiary / Object

  • Guardian & Appointor

  • Trustees

  • Vesting period

  • Trust deed

• Residency of Trusts

• Types of Trusts

  • Inter vivos trusts – Fixed, Discretionary, Hybrid

  • Trusts created by will or on intestacy (testamentary)

  • Trusts created by law or equity