One issue that comes up regularly in estate planning exercises where there is more than one family unit ultimately to benefit, is whether single or multiple testamentary discretionary trusts (TTs) should be implemented.
As with many aspects of estate planning, there is no ‘correct’ approach. However, the table below outlines some of the relevant considerations when deciding which approach to use.
If you would like assistance with determining which approach is likely to be most appropriate, please contact us at firstname.lastname@example.org or 1300 843 900, and one of our team will be able to assist you.
For a printable version of this information, refer to the attached flyer.