15/10/2026
You leave your daughter the house.
Three years later, her business runs into debt.
Whose asset is it now?
A standard will usually leaves an inheritance directly to your beneficiaries. From that point it becomes their personal asset, so it can be exposed to a divorce, a business debt, or a decision they make years later.
A testamentary trust sits inside your will and only starts when you die. Rather than the inheritance passing straight to your beneficiaries, a trustee you choose holds it and manages it for them.
For families, that can mean:
โ Protection if a beneficiary has business risk or personal guarantees
โ Funds released in stages rather than as one lump sum
โ Tax benefits for children under 18, whose income from estate assets can be taxed at normal adult rates
๐ Swipe through to see how a testamentary trust works and when it is worth reviewing your will.
๐ Read the full article "Testamentary Trusts: A Guide to Protecting Your Family's Inheritance" here: https://bhtpartners.com.au/testamentary-trusts-protecting-family-inheritance/