Testamentary Trusts

Sunshine Coast

Secure your legacy, protect your family’s assets, and maximise tax efficiencies with a tailored Testamentary Trust. At Bradley & Bray Lawyers, we help safeguard your hard-earned wealth for generations to come. 

50 Years of Legal Expertise

Award-Winning Service

Trusted by Our Clients

What Is a Testamentary Trust and How Does It Work?

A testamentary trust is a specific type of trust established within a Will that doesn’t take effect until after the person making the Will passes away.

With this setup, your assets are managed by a trustee (or multiple trustees) rather than being passed directly to a beneficiary in their own name. You can establish multiple testamentary trusts within a single Will—for instance, creating a separate trust for each of your children and appointing different trustees for each one. Because every family dynamic and financial situation is different, there is no one-size-fits-all approach here—each trust must be carefully tailored to fit your family’s exact needs. 

How Can We Help You?

Our experienced succession law team works closely with you to understand your specific financial landscape, family structure, and long-term goals. We can assist you by:

Are There Any Drawbacks?

While the benefits are substantial, it is vital to look at potential drawbacks before making a decision. Setting up and maintaining a trust requires ongoing administrative commitment. You will need to factor in the testamentary trust cost, which includes upfront legal fees to draft a more complex Will, alongside ongoing accountancy fees for preparing annual trust taxation returns. You should always consider whether the overall size of your estate and the income it is likely to generate justify these ongoing costs, and whether your family’s specific circumstances truly require this level of protection.

The process begins with a comprehensive review of your estate, your assets, and your family’s unique needs. Because these structures must be tailored to your circumstances, it pays to work with a qualified succession lawyer who can draft the appropriate clauses into your Will. 

At Bradley & Bray Lawyers, our succession law team will guide you through mapping out your beneficiaries, identifying potential trustees, and evaluating whether your estate’s asset base warrants a trust framework.

How to Set Up a Testamentary Trust

Why Choose Bradley & Bray for Testamentary Trusts

Extensive Experience

With decades of specialised expertise, our succession law team has the deep knowledge required to structure complex, protective estate plans. We stay ahead of every shift in asset protection, working to ensure your wealth is securely preserved for the next generation. It’s this proactive expertise that has made us one of the Sunshine Coast's most trusted law firms.

Compassionate Support

We couple our legal expertise with compassionate support. Mapping out the future for your children and assets involves deeply personal and sometimes difficult decisions. We’re here to guide you through these conversations with patience and understanding. You can count on us to make the process as smooth and comfortable as possible.

Client-Centred Approach

We believe in building lasting relationships with families across the Sunshine Coast. With us, you get a personalised strategy and practical advice, not a wall of legal jargon. We explain every option clearly so you can make confident, informed choices about your legacy, giving you the confidence that your family’s future is well-planned.

Frequently Asked Questions (FAQs)

Head to our FAQs Succession Law page for more insights.

Meet our Testamentary Trusts Team

Peter is both a Partner of the law firm and a Lawyer, heading up our Succession team.

Peter has worked within the Legal Industry for over 30 years.

Peter Griffin

Partner | Succession Lawyer

Today, Ashleigh thrives in the dynamic realm of Succession Law at Bradley & Bray, where she works closely with Peter Griffin.

She holds a Bachelor of Laws from USQ and a GDLP from the College of Law.

Ashleigh Finzel

Lawyer | Succession

Senior Paralegal | Practice Manager

Debbie Davis

Anyone who has worked with Bradley & Bray over a long period of time will know of Debbie.

Debbie has worked with us for over 35 years and boasts impressive industry and firm knowledge.

With a Bachelor of Arts and a wealth of experience in staff management, team development, and training, Mhorag Griffin brings a unique blend of skills and dedication to the Bradley & Bray team.

Mhorag Griffin

Admin Assistant

Recent Awards.

Reach Out to Us Today

Plan for tomorrow, and live confidently today. Contact our succession law team at Bradley & Bray Lawyers for a confidential discussion about protecting your wealth with a testamentary trust. We’re here to answer your questions, cut through the asset-protection complexity, and give you the expert guidance you need to secure your legacy and protect what matters most.

Get in touch with our Sunshine Coast succession lawyers to secure your family’s future today!

We’re here to help.

Level 1, 15 Ann Street, Nambour Qld 4560
PO Box 243, Nambour Qld 4560

E: info@bradleybray.com.au
P: 07 5441 1400

 

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