A Guide to Testamentary TrustTestamentary Trusts are drafted in Wills to provide taxation advantages and asset protection. This guide provides you with an outline of why.
No one knows the future. One of the difficulties with preparing wills is that it is very difficult to peer into the future. No one knows when the will-maker will pass away. No one knows what the circumstances of a will maker's beneficiary might be at that time. This guide provides you with an outline of what a testamentary trust is, the advantages of a trust and provides examples of who they operate.
- Taxation advantages
- Asset protection advantages
- Testamentary Trusts can provide flexibility for beneficiaries.