Testamentary Trust

A typical Australian last will and testament for a single parent woman with three children who upon her death wishes to establish a single trust to be administered by someone close to her whom she trusts to understand and work to achieve a "principal purpose", namely the well being and welfare and educational achievement of her three children until their tertiary education has ben achieved. (P-34056)

A typical Australian last will and testament for a man with a wife and sole child. The testator establishes two testamentary trusts (controlled by others), one for his wife and one for his child and splits the funds by percentage. (P-14918)

A typical Australian last will & testament for a man with a wife & 3 kids. The testator leaves everything to his wife, only establishing a testamentary trust for his kids if his wife predeceases him or fails to survive him for at least 30 days. (P-48615)

A typical Australian (template) last will and testament establishing a testamentary trust where the intended beneficiary is a person with an intellectual impairment.

A typical Australian (template) last will and testament establishing a testamentary trust where the intended beneficiary is still an infant.

A typical Australian last will and testament for a widower with three children. The testator sets up three trusts after his death to provide for each of his three children and their direct descendants ("lineage" concerns), thereby excluding the issues of marriage and divorce from the determination of beneficiaries. (P-15167)

A typical last will & testament for a woman with no family commitments. The testatrix leaves everything to a testamentary trust to pursue a particular public purpose. In the original Will the mission was to provide scholarships in perpetuity. Australian legal instrument. (P-49802)

In this example Australian last will & testament a woman has two children, one of whom is disabled and intellectually impaired. The testatrix establishes a testamentary trust to look after her daughter for the rest of her life, following her death. She gives the house and some money to her husband and some special gifts and bequests (probably something to her son) but her main focus is on the trust, because the others are capable of looking after themselves while her daughter is not.

A typical Australian last will and testament for a man with a wife and three children. The testator leaves everything to his wife and only establishes a testamentary trust for the children if the wife predeceases him or fails to survive him for at least thirty days. If his wife predeceases him, the testator sets up three trusts after his death to provide for each of his three children and their direct descendants ("lineage" concerns), thereby excluding the issues of marriage and divorce from the determination of beneficiaries. (P-32140)

A typical Australian (template) last will and testament for a man with a wife and one child. The marriage is de facto. The testator appoints his wife as sole executor and establishes two testamentary trusts, one for his wife and one for his child and splits the funds by percentage. (P-86759)