Testamentary Trusts: What are they?

What are Testamentary Trusts?

Sophie Cohen, Legal Practitioner at Prime Financial Group explains what a Testamentary Trust is, and why they should be considered as part of Estate Planning.

A testamentary trust is simply a trust established by the terms of your Will upon your death, rather than by a trust deed during your lifetime (like a family trust).

There are some key reasons for including testamentary trusts in your Will.

Watch Sophie’s Video to LEARN MORE:

Testamentary Trusts: What are they? from Prime Financial Group on Vimeo.

Related Post: An Up-to-Date Will is an essential part of your Estate Plan

Disclaimer: This information has been prepared by Primestock Securities Limited ABN 67 089 676 068, AFSL 239180 (“Prime”). Prime accepts no obligation to correct or update the information or opinions in it. This information does not take into account your objectives, financial situation or needs. Before acting on this information, you should consider whether it is appropriate to your situation. It is recommended that you obtain financial, legal and taxation advice before making any financial investment decision. Prime is bound by the Australian Privacy Principles for the handling of personal information.

SPEAK WITH US TODAY

A unique and personal service approach and support for all your business advisory and personal wealth management needs

Request a free consultation

A unique and personal service approach to support all your business advisory and personal wealth management needs.

Request a free consultation