23/09/2026
We are very proud of the work that we do for MMS Chartered Accountants, who have depended on our team for their digital marketing for the past 8 years 📢. We are the team behind their website design, SEO, social media, graphic designs and much more 🎯.
🌐 https://www.capebusinessonline.co.za/
📞 021 913 2646
📧 [email protected]
⚠️ If you serve as a trustee, do you fully understand the responsibility you have accepted? A trustee isn't simply an administrator or signatory.
You have a fiduciary duty to manage trust assets in the interests of beneficiaries, maintain proper financial records and ensure that the trust meets its tax, governance and regulatory obligations.
And there is a very important word trustees shouldn't overlook: personal.
Where a trust suffers financial loss because of negligence or administrative failures, trustees can potentially face personal liability.
Consider how easily risk can arise:
📑 Inaccurate or inadequate financial records
💰 Incorrect treatment of trust income or distributions
⚖️ Failure to meet regulatory and tax requirements
🏦 Trust and personal or business funds not being properly separated
🔎 Inadequate oversight of transactions and trust assets
📊 Incorrect or late SARS submissions
This is why the specialist trust accounting and taxation services that my team offers is about far more than preparing annual financial statements.
At MMS Trust Services, we help trustees maintain accurate accounting records, manage SARS tax obligations and strengthen the financial and compliance processes needed to administer a trust responsibly.
🤝 Professional support doesn't remove your fiduciary responsibilities as a trustee. It helps you fulfil them properly.
If you are serving as a trustee, the question isn't only whether the trust is protected. How well are you protecting yourself?
☎️ 011 672 0020 / 021 003 8150
🌐 https://www.mmsgroup.co.za/trust-services/
