Long Saad Woodbridge is experienced in advising on and establishing all types of trusts. These include family, unit, superannuation and testamentary discretionary trusts as some examples.
Your circumstances will be reviewed, and we can then recommend whether a trust is suitable in helping you to achieve your objectives, and if so, which type is the most appropriate vehicle to use.
Testamentary Discretionary Trusts
Increasingly, we find that testamentary discretionary trusts provide solutions that our clients are seeking for proper distribution of their estates in their will.
Benefits for clients and their families and other beneficiaries include:
- Taxation advantages: Testamentary discretionary trusts enable income splitting within beneficiaries’ families
- Asset protection: Testamentary discretionary trusts can protect the inheritance you leave to your beneficiaries in the event of a breakdown in their marriage or relationship. It can also protect assets in the event of a business failure or personal bankruptcy experienced by a beneficiary.
