Expert Solicitor to Handle Testamentary Trust Will Cases in Wollongong
Testamentary trusts have an essential role in estate planning. If a person uses this trust will in his/her estate planning, it lets a person dictate terms and conditions under which his/her beneficiaries receive assets from his/her estate. A testamentary trust will require much prudence and planning to ensure that the distributions are satisfactory. It involves drafting documents and paper works. There are a plethora of reasons why a testamentary trust would be used rather than a simple transfer through a will. The reasons include the protection of assets, creditor protection, tax advantages, and to avoid the probate process. Such matters require extensive knowledge and expertise. That is why the best decision a person (dealing with estate planning matters) can make is to hire a professional solicitor. An estate lawyer helps a person drafting or reviewing a testamentary trust document. And, can assist a person (or clients) with the process and can go over the term...