Wills & Estate Planning

Testamentary Trusts Revisited – Budget 2014

For the past several years, estate planning lawyers have touted the virtues of testamentary trusts as a tax planning tool for clients with sizeable estates. Budget 2014 will largely remove the tax benefits of testamentary trusts, and for many clients (but not all!) the simplicity of outright gifts for adult beneficiaries might now make more […]