CASE STUDIES AND APPLICATION

Given moshakga has been a beneficiary of business trust for the past three years and now wishes to dispose his interest in the trust by selling it to Carmelia Malaza. Given moshakga hesitates to dispose his interest in trust, due to the fact that the trust deed is silent on his rights. Advice Given moshakga on the legality his intended action.

Given moshakga has $2$ wives, he calls his first wife an old wife and his second wife a young wife. Given has $2$ children with his old wife and $4$ children with his young wife. Given spends more time with his young wife, because they are always planning to start a business. Given and his young wife wish to create trusts, however they are uncertain about how this should be done. Given and his young wife are of the idea that trust is regulated by Companies act no $71$ of $2008$ and beneficiaries in conjunction with trustees have limited liabilities. Advice Given and her young wife accordingly.