If a couple passes away before their children have turned 18, then those children will need a legal guardian. The legal guardian will take over parental responsibility, including the day to day care and duties of a parent. How to Appoint a Legal Guardian A Will can...
New laws regarding taxation of testamentary trusts were assented on 22 June 2020. The Before Snapshot Prior to the introduction of the new laws, all income of a testamentary trust was “excepted trust income”. The strong advantage of this characterisation was that even...
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