Hello,
My Husband and I are looking to revise our wills. We presently have assets (property and shares) in a Family Trust.
We also own our Principal place of residence (held in joint names), superannuation, life insurance and cash, which we would look to will into a Testamentary Trust for our three children and grandchildren (and as these arise).
We are puzzled as to how best incorporate all our holdings most effectively upon the event of both my husband's and my deaths, or how best to structure our will accordingly so as to provide the greatest benefit for our children and their children.
We have searched the internet but have been unable to find any definitive answer on this.
Thank you for your assistance.
My Husband and I are looking to revise our wills. We presently have assets (property and shares) in a Family Trust.
We also own our Principal place of residence (held in joint names), superannuation, life insurance and cash, which we would look to will into a Testamentary Trust for our three children and grandchildren (and as these arise).
We are puzzled as to how best incorporate all our holdings most effectively upon the event of both my husband's and my deaths, or how best to structure our will accordingly so as to provide the greatest benefit for our children and their children.
We have searched the internet but have been unable to find any definitive answer on this.
Thank you for your assistance.