Estate planning is about developing a strategy to ensures that your assets are distributed according to your wishes. A comprehensive estate plan will ensure…
If you assumed that your superannuation death benefits are automatically gifted to your loved ones under your will, you wouldn’t be alone. However, it’s…
Control The trustee of a discretionary trust generally has complete discretion to determine who receives the income of the trust. Cost and complexity Testamentary…
Income splitting Income can be split between beneficiaries, thereby taking advantage of beneficiaries with lower marginal tax rates. Beneficiaries who are under the age…
A testamentary trust is a very powerful tool for families with young children. In particular, the testamentary trust offers the following advantages: For example: …
Testamentary trusts offer fantastic tax flexibility. In fact, testamentary trusts are the only environment where you can get such great tax treatment, and it’s only…
The discretionary nature of the trust is what makes the trust so powerful for asset protection. Because none of the beneficiaries own the trust assets…
Our plain-English guide Help with the difficult questions so you can stop procrastinating and make your Will has comprehensive and practical guidance to help you get your affairs in order.