The key benefits of a testamentary trust are: Testamentary trusts offer fantastic tax flexibility. In fact, testamentary trusts are the only environment where you can…
Estate planning, Testamentary trusts
How does a testamentary trust work?
Trusts work by separating control of the assets held in the trust from the benefit. The person who has control of the trust assets…
Estate planning, Testamentary trusts
What is a testamentary trust?
The phrases ‘testamentary trust’, ‘testamentary discretionary trust’, TT, TDT…. are all just ‘lawyer speak’ for a trust set up in a will that starts when…
Estate planning, Testamentary trusts
Key facts about testamentary trusts
Testamentary trusts are a powerful estate planning tool. Many people choose to include a testamentary trust in their Will because of the asset protection…
Estate planning, Testamentary trusts
Estate planning trap no. 4 – rocky marriages
Not your marriage! We’re talking about the marriages (actual or de facto) of your children. You’ve worked hard for your wealth. Do you want…
Business Succession, Estate planning, Superannuation, Testamentary trusts
Estate planning trap no. 1 – superannuation
Do you really understand your superannuation? I doubt that many of us do. Australians had a combined $3.4 trillion in super in March 2022 and…
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.