Literally, a testamentary trust is a trust in a will. A testamentary trust is also referred to as a will trust and is a trust that arises upon the death of the testator, who is specified in the will. A will may contain more than one testamentary trust and may address all or any portion …Read More
What is a Testamentary Trust?
>Each valid will should appoint an executor or a person designated to administer your estate after you die. More than one person can be named as executors. You can choose anyone to be your executor including your spouse, relative, friend or your Solicitor. You should first ask individuals if they are prepared to take on …Read More
>A valid will is one that has been accepted by a court and put into effect by a grant of probate. To be valid, your will must be: In writing – handwritten, typed or printed. Signed – ideally your signature should be at the end of the will. Witnessed – two witnesses must be attest …Read More
> Unless you are into fancy tricks to lock your assets away from your children (or the tax man), you don’t need to pay a lawyer to reinvent the wheel. You can do what most lawyers themselves do – start with a standard template and plug your details into it. Our Will Kit gives you …Read More