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What is the difference between a Will and a Testamentary Trust?
When planning your estate, it is essential to understand the difference between a Will and a Testamentary Trust.

When planning your estate, it is essential to understand the difference between a Will and a Testamentary Trust.

A Testamentary Trust is a special type of Trust created within a Will. It helps protect and manage assets for beneficiaries after the Will-maker passes away. Unlike a standard Will, which distributes assets immediately, it offers ongoing control, tax benefits, and extra security.

De facto relationships are legally recognised in Australia, but Estate Planning for these partnerships can feel overwhelming. Without a clear plan, your partner or children may face disputes over assets or miss out on their inheritance.

Inheriting property is a significant moment that often carries emotional and financial implications.