Tshepo has decided to create a trust. briefly explain to tsepho the legal position of a founder in a trust.

Question: Tshepo has decided to create a trust. briefly explain to tsepho the legal position of a founder in a trust.

your legal position is pivotal. A trust is a legal arrangement where you, as the founder, transfer assets to the trust for the benefit of the beneficiaries. You will establish the trust by creating a trust deed, which sets out the terms and conditions of the trust, including how the assets will be managed and distributed.

The founder does not retain ownership of the assets once they are transferred to the trust; instead, these assets are managed by trustees according to the trust deed. However, you can outline specific instructions in the deed to ensure your intentions are honored. 

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