Why bother with a testamentary trust in your will?

Listen to a Preview

Update Required To play the media you will need to either update your browser to a recent version or update your Flash plugin.

Running Time: 8:27

Date: 01/09/2016

A simple, easy-to-understand will has its place, but a testamentary will has its benefits.

Despite the extra layer of complexity and added costs, tax expert Michael Jones of Cummings Flavel McCormack examines the advantages of testamentary wills. A major benefit is the extra control a will-maker has over future use of estate assets, including assisting with asset protection and providing tax advantages.

Michael Jones, Cummings Flavel McCormacka