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Services
Estate Planning
Wills & Probate
Family Provision Planning
Charitable Bequests
Powers of Attorney
Trusts, Partnerships & Companies
Tax Planning & Advice
Capital Gains Tax
Fringe Benefits Tax
GST
Migration Tax Planning Inwards or Outwards
International Investment Planning
Asset Protection
Life Insurance Trusts
Superannuation Including Self-Managed Superannuation
Business Law
Commercial Law
Business Set-Ups & Structuring
Business Succession Planning
Business Buy-Sell Agreements
Employee Share Plans
Associations & Charities
Division 7A Dividends
Double Tax Treaties & Reliefs
Stamp Duty
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Frequently Asked Questions
Can your parents establish testamentary trusts for you and your children?
If you have elderly parents who want to leave assets to you, it may be wise to have them create testamentary trusts for you and your family. That may provide both asset protection and tax benefits for you and your family. The best gift any parent can make is to help their children raise their own children in turn.
What are the benefits of a Testamentary Trust?
Because a Testamentary Trust is established by your will, it does not come into effect until your death and you can vary the terms of your will and the trust during your lifetime at any time. As the will-maker, you have absolute control over the terms of the testamentary trust, maintaining control and ownership of the assets up to the date of your death.
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