The Trust Property Control Act does not allow for the deregistration of trusts, as this is an internal administrative action to facilitate the management of trust files in the Master's office.
However, the common law makes provision for the termination of a trust, but only in the following circumstances:
If the trust can be terminated on one of the above grounds, the Master will deregister that trust.
For the termination of a trust, the following documents are required:
Upon receipt of the above documents, the Master will deregister a trust which has been terminated. Please note that the above documents must be lodged with the Master with whom the Trust has been registered.
Please contact Van Deventer & Van Deventer Incorporated for assistance with de-registration or termination of a trust.
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