When drawing up a will consider this...4/6

By Drum Digital
10 February 2014

Drawing a will is a simple exercise.

According to Geraldine Macpherson, Legal Marketing Specialist at Liberty, “Many people don’t realize the importance of having a will.

Macpherson advises that there are a few key things to consider when updating your will:

A testamentary trust is an effective way of providing for the financial future and well-being of minor children and can be created very simply by including it in your will.

The trust will only come into existence when you pass away, and will also enjoy certain tax benefits.

You need to make sure that your trust deed is drafted by an expert attorney specialising in this field.

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