Standard vs Comprehensive WillsA quality Will must answer: WHO is to receive an inheritance? WHAT problems can we plan for? HOW can we protect inheritances long-term?
What information do we need to complete your testamentary trust Wills and why?It can be a bit of a shock to realise that modern, comprehensive Wills like ours only need basic details like names, addresses and dates of
Are Will Wizard's Wills written and checked by lawyers in Australia?Yes. At Will Wizard, we rely on CCH Pinpoint® for our specialist legal information and on our consultant estate planning solicitors.
Can Wills deal with discretionary trusts?Yes - they can. However, whether the discretionary trust can be transferred via the Will depends on the terms of the discretionary trust.
What are the tax rates on testamentary trusts? What is the capital gains tax rate on a trust?The income tax rates on income earned from assets in a testamentary trust are the same as personal income tax rates.
Standard Will or Testamentary Trust Will? Make an informed choice. We've created this simple video that explains the differences between standard Wills and comprehensive testamentary trust Wills.
Is stamp duty payable on a testamentary trust?Stamp duty is not payable on the transfer of assets into a testamentary trust, unlike the transfer of assets to a trust during your lifetime