What is a Testamentary Discretionary Trust?

What is a Testamentary Discretionary Trust?

In estate planning, there are times when writing a will is not enough and you have to consider a testamentary discretionary trust. Writing a will is an important step in planning for the unknowable and the inevitable. Having a will is practical if you have any amount...
When Estate Planning Is Done Right

When Estate Planning Is Done Right

The recent death of UK TV personality Bruce Forsyth has revealed what can happen when estate planning is thoughtfully crafted, and when blended families can co-exist harmoniously. Sir Bruce Forsyth has left £11.5 million (Nearly AUD20.5 million) to his wife Wilnelia...
How Ashes Led To An Estate Battle

How Ashes Led To An Estate Battle

In New Zealand, an estate battle has erupted over the meaning of a de facto relationship. An Auckland man said he felt “betrayed” after his partner of almost 30 years died and left him only her ashes. A decision from Justice Grant Powell in the Auckland...
Famous People Who Died Without a Will

Famous People Who Died Without a Will

You may think that celebrities, given the size of their fortunes and access to legal advice, would ensure that they had a will dictating what would happen to their estates when they die. Yet a number of celebrities died without a will in place, leaving behind messy...