Last Will and Testament
A will is a legal instrument that explains how your estate, which consists of everything you own, will be distributed after you pass away. However, a simple will can easily lead to future disputes between beneficiaries, foreshadow family law claims and incur unnecessary taxes.
Our advanced Will and Testament template will provide maximum flexibility and asset protection. The Testamentary Trust forms part of the Will and it:
1. appoints a Trustee who has absolute discretion either to accumulate the income within the Trust or to pay the income to any of the potential beneficiaries; and
2. helps the beneficiaries to minimise the income tax on the income of Investment of the Trust Capital.