Testamentary Trusts

A testamentary trust is a trust that is created in a Will (or Testament).  It is an excellent vehicle to protect assets and to provide significant potential tax benefits to the beneficiaries. 

A testamentary trust can be very simple or extremely complicated.  From an asset protection and tax saving perspective the most valuable testamentary trust is a discretionary trust that provides for several generations.  

Traditionally testamentary trusts are often only recommended for high net worth individuals.  We believe that all our clients like the idea of saving tax and protecting their assets.  Testamentary trusts are an excellent estate planning tool that should be considered for all clients making a Will irrespective of their financial position.

Please Contact us on 8362 6400 or email us should you have any questions or if we may be of assistance to you.