Tag: trusts
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How Testamentary Trusts Operate in Victoria
A Testamentary Trust is a powerful estate planning tool that can provide financial protection, tax advantages, and flexibility for your family. Unlike a trust you set up during your lifetime, a Testamentary Trust is created through your Will and only comes into effect after your death. At Hemmings Legal, we regularly assist clients in Victoria…
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Probate in Victoria – What Families Need to Know
When a loved one passes away, dealing with their estate can feel overwhelming. One of the first legal steps that may be required is probate. Understanding what probate is and when it applies can help families manage the process with more confidence. At Hemmings Legal, we guide clients through probate and estate administration in Victoria.…
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Testamentary Trusts – A Smart Way to Protect Your Family
Estate planning is about more than simply writing a Will. For many families, a Testamentary Trust can provide an extra layer of protection, flexibility and financial security. A Testamentary Trust is created under your Will and only comes into effect after your death. It ensures your estate is distributed in a way that not only…
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