The Testamentary Trusts Guide

The Complete Guide to everything you need to know, and why you absolutely need one

Protect your assets and your family while being able to adapt to your family’s changing circumstances, as well as possibly save on tax!

Now who doesn’t want that!

In summary a Testamentary Trust offers the following potential benefits:

  • Asset protection against family law claims of your beneficiaries;

  • Keeps assets in the ‘blood line’;

  • Can preserve Centrelink benefits currently available to your beneficiaries;

  • Preserves the assets for the benefit of young children;

  • Protects assets for beneficiaries under disability;

  • Tax savings through income streaming;

  • Capital Gains tax savings on gifts to foreign beneficiaries;

  • Saves on death duty payable by foreign beneficiaries;

  • Preserves the assets against claims against insolvent beneficiaries;

  • Protects assets for beneficiaries with gambling issues;

  • Protects assets where beneficiaries are not financially savvy or competent;

  • Gives the trustee the power of adjust distributions to meet your overall distribution goals where a beneficiary may access your assets that fall out of the estate such as super or life insurance.