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# Who are the beneficial owners of a trust?

||| In terms of the Trust Property Control Act (TCPA) 57 of 1988 a beneficial owner is a natural person who directly or indirectly owns the relevant trust property, benefits from the trust property, or exercises effective control of the administration of the trust. 

The beneficial owners of a trust will be the: 
* Founder(s) of the trust,
* Each trustee of the trust, 
* Each beneficiary of the trust referred to by name. 

_Please note:_ Beneficiaries that are not named cannot be declared, for example, "All my future children". Once those children are born and named, they'll need to be declared.