This session was recorded on 26February 2026 as part of the Elder law, wills & probate: One day intensive - live webinar.

Testamentary trusts are an important tool for any solicitor providing estate planning services. However, before incorporating them into your practice, it is essential to understand the principles involved in testamentary trusts, the consequences of errors, and the dangers of a ‘one size fits all’ approach. Topics covered in this session will include:

• Testamentary trusts – the essentials, including advantages and disadvantages.
• Testamentary trusts in practice.
• Tips and pitfalls in drafting.
• Tax implications.
• Capacity/knowledge and approval issues.