Testamentary Trust Wills – includes Divorce & Bankruptcy protection, 3-Generation Testamentary Trusts, Superannuation Trusts
Mutual Wills – $770 Tax Effective 3-Generation Testamentary Trust
Single Will – $550 Tax Effective 3-Generation Testamentary Trust
Estate Planning Package – 3-Generation Testamentary Trust Wills, Enduring and Medical POA
Simple Wills (no protection for: divorcing or bankrupt children; Capital Gains Tax or 32% payable by adult children on your Superannuation)
Simple Mutual Wills – $195
Simple Single Will – $150
Training Course
Estate Planning Training Course – includes 3-Generation Testamentary Trust Mutual Wills


Do I need 3-Generation Testamentary Trust Wills or a Simple Wills?

There are two types of Wills: 3-Generation Testamentary Trust Wills and Simple Wills.
If you can afford it, it is always better to have 3-Generation Testamentary Trust Wills because they contain:

* 3-Generation Testamentary Trusts – reduces CGT & stamp duty

* Super Testamentary Trust – reduces the 17% or 32% tax on Super going to adult children

* Bankruptcy Trusts – if a beneficiary is bankrupt

* Divorce Protection Trust – if a child separates

* Maintenance Trust – where beneficiaries under 18 years of age or unstable

If your family home, superannuation, life insurance and other assets, when combined, are over $1m then you clearly need 3-Generation Testamentary Trust Wills. However, if your assets are under $1m then the benefits, while still there, are not as great.
To help you decide watch the above “Which Will is best” video.

The 4 Wills are:

 

 


 

Enduring and Medical Power of Attorney