Testamentary Trusts Why we believe everyone needs one incorporated into their will.
In Australia, testamentary trusts have become useful for more people than ever before. They're not just for the wealthy anymore. In
this article, we'll explore how changing family dynamics, concerns about mental health, and the wealth of older Australians have made
testamentary trusts important for regular folks like you and me.
A Change in How We Use Them
Once upon a time, only wealthy people used testamentary trusts. They used them to control what happened to their money after they passed
away. Back in the early 20th century, there were fewer blended families, and men usually had more control over the money. Wives were often
in a tough spot financially if their husbands died. Testamentary trusts were a way to make sure family members got money regularly and that
their kids' education was paid for if something happened.
Thankfully, things have changed, and so have the reasons for using these trusts.
Setting up a testamentary trust doesn't have to be complicated, reach out to Smart Business Solutions for assistance with all your Estate
Planning needs, including Wills and Testamentary Trusts, to ensure your hard-earned assets are managed in line with your preferences.
Your Money. Your Way.
Protecting your family's financial future with testamentary trusts
We’ve all seen it: slick social media reels, perfectly filtered property gurus, and bold AI influencers promising fast wealth. But in
Australia’s regulated finance and property landscape, chasing that hype can lead to more heartbreak than haul.
This past financial year brought a wave of opportunity—and many super funds delivered, with double-digit growth across key asset classes.
The big question: is your fund among the top performers?
More and more Australians managing their own super through SMSFs are outperforming the country’s largest funds—and they’re doing it with
calm confidence, not complexity.