Do I need a discretionary family trust?

Do I need a discretionary family trust? What is a family trust? A family trust is a discretionary trust set up to hold the assets of a family or to run a family business. No two discretionary family trusts are the same, yet there are two overarching benefits in...

Can I avoid obtaining a grant of probate in an estate?

Obtaining Grant of Probate can be expensive. Not only is the lawyer’s fees for obtaining the Grant not insubstantial, there is also the application fee payable to the Supreme Court and the time taken to prepare the affidavit, file the notices and obtain the...

Should my will include a Testamentary Discretionary Trust?

A testamentary discretionary trust (TDT) is a special type of trust created within your will. The TDT is different from a typical simple will.  In a typical simple will the bequests or gifts of the will are given directly to the beneficiaries (subject to any delay...