27/05/2026
Understanding the Testamentary Trust
While Testamentary Trusts offer substantial benefits for your beneficiaries, it's crucial to consider their correct use in your estate planning.
Depending on your unique circumstances, these considerations may include:
Cost: Testamentary Trusts require an upfront investment and generally cost more than a standard Will.
No Immediate Benefit: These trusts benefit heirs, not you directly.
Tax Efficiency Changes: Tax advantages may fluctuate due to legislation over time.
Loss of Control: Trustees make decisions, not you.
Are Testamentary Trusts worth it? We think so! Allow Falzon Legal to provide expert guidance tailored to your situation. Contact us today to make informed estate planning decisions.
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