This Solution Brief discusses the top 8 reasons to incorporate testamentary trusts within your Will. Our comprehensive Will includes “testamentary trust” provisions and incorporates more sophisticated strategies, to help achieve the following outcomes: Wealth...
You die, your assets pass to your spouse. Your spouse then dies - and your spouse's new partner ends up with all your assets. What about your children? They miss out. Not what you intended? There is another way... ‘Mutual Wills’ Usually couples make ‘Mirror’ Wills,...
Phone Wills are another way to get your Estate Planning in order Step 1: Preliminary background, objectives and fees If you have been referred to us by a professional adviser or friend, they may have already provided us with some background information about you, and...
This Solution Brief discusses the key considerations for choosing the Executors and Trustees for your Will. Your Executors are the people who will take care of your wealth after you have died. Their tasks include locating your Will, finding out what assets and...
It is an essential requirement of a valid Will and Enduring Power of Attorney that the testator/donor possesses the requisite testamentary capacity. It is an essential requirement of a valid Will and Enduring Power of Attorney that the testator/ donor possesses the...
A Guardianship Plan is a written record that you prepare as parents, detailing what you want for your child if both (or either) parent dies or can no longer perform their role as parent or guardian. Background The aim of your Guardianship Plan is to provide a set of...
An Education Testamentary Trust can be set up through your Will to fund all or part of the cost of primary, secondary and/or tertiary education for your children or grandchildren (or other dependants or relatives). How is it funded? In order to set up such a trust,...
How do I ensure that the assets in our “family trust” end up being shared among my children in a fair and appropriate manner? How do I pass control of my trust to the next generation, or control over specific assets? What are the tax consequences of passing on trust...
Your Estate Planning is not something to be taken lightly. Take a few minutes out to ask yourself the following important questions: Do you want to choose who benefits from your wealth, and when? Do you want to protect the wealth you give your children from unjust...
We often get asked whether it is better to have a ‘company trustee’ or ‘individual trustees’ for a self-managed super fund. This question gets asked both when we are setting up a new super fund, and when we are reviewing an existing super fund. In our view, the short...
Estate planning basically involves working out what you have, deciding where you would like it to go, and then choosing people to make that happen.
It is well understood by savvy property investors that holding investment properties in a trust can offer the benefits of asset protection, estate planning and tax efficiency. The next question is whether these benefits extend to the family home. In other words, is it worth holding your family home in a trust?
It is hard to believe that a quarter has passed since we last shared a firm-wide update with you. The end of the last financial year came and went in a flash, and we are settling into the start of the new financial year with fresh minds and optimism about the year to...
Put simply, once an individual has aggregate land holdings of $2.5 million, they will benefit from using discretionary trusts in their structuring strategy.
You’ll be put straight through to a great lawyer who will guide you to the right solution.