Residuary estate, is an often-overlooked but crucial concept in wills and estate planning. In this article, we demystify the concept of residuary estate, offering insights from our seasoned professionals to help you navigate these complexities with clarity and confidence. 

Testamentary trusts are discretionary trusts established in Wills, that allow the trustees of each trust to decide, from time to time, which of the nominated beneficiaries (if any) may receive the benefit of the distributions from that trust for any given period. There are significant advantages in incorporating testamentary trusts in Wills.