7 05, 2020

Are you paying for your grandchildren’s school fees?

2020-05-18T08:19:15+09:30

If you're paying for your grandchildren's education costs, then you're not alone. But is this financial support a 'gift' or a 'loan' to your children? If this is left in any doubt, then bitter family disputes will arise. Take the time now to make sure the ground rules are clear.

Are you paying for your grandchildren’s school fees?2020-05-18T08:19:15+09:30
9 05, 2018

Does the 2018 Budget really impact testamentary trusts?

2019-09-17T08:16:58+09:30

The Government has announced a 'tax integrity' measure to 'improve' the taxation of testamentary trusts. What impact does this potentially have on your estate planning strategies?

Does the 2018 Budget really impact testamentary trusts?2019-09-17T08:16:58+09:30
20 11, 2017

Yes, you do need a testamentary trust

2019-09-17T08:21:33+09:30

Most people who advise on testamentary trusts talk about the ‘tax benefits’. This emphasis is plain wrong. Why? Because, a simple Will (without a testamentary trust) is more likely to do harm, and to lead to family disharmony, than one with a testamentary trust.

Yes, you do need a testamentary trust2019-09-17T08:21:33+09:30
2 01, 2016

What is a Testamentary Trust and why would I need one?

2017-11-18T08:36:27+09:30

When you give an outright gift to someone under your Will, the beneficiary receives the gift from your executor, with no strings attached. The beneficiary can do what they like with it. If you impose any rules on the gift, then you have effectively created a 'testamentary trust', and things get a little more complicated.

What is a Testamentary Trust and why would I need one?2017-11-18T08:36:27+09:30