7 Common Estate Planning Failures (and a simple way you can avoid them)

Estate planning allows you put in place strategies to pass ownership of assets, control of entities and decision making powers in the event of your death or loss of capacity. At its most basic level, estate planning deals with wills and powers of attorney.

Frequently Asked Questions – Testamentary Trusts

Commonly referred to as just ‘testamentary trusts’, wills incorporating one or more testamentary discretionary trust are an increasingly common feature of effective estate plans. Testamentary trusts offer similar advantages to family discretionary trusts for the beneficiaries of an estate. Essentially, they allow flexibility in the ownership and control of assets.