Testamentary trusts have been a popular estate planning tool for many years and their benefit in providing excepted trust income is widely understood. With more of these trusts coming into operation every year, we are seeing a number of issues arise, including:

• Do testamentary trusts really give family law protection?

• ATO’s view on taxation of income.

• Rollovers and exemptions on transfers of assets out of a deceased estate.

• Impact of non-resident beneficiaries.

• Impact of non-resident trustees.

• One major benefit of testamentary trusts which most people overlook

• Different types of testamentary trusts.

• Alternatives to testamentary trusts.