By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policyfor more information.
Self-Service 🏗
Most Popular
Create the document instantly yourself by entering the key details.
A$
FREE
Self-Service 🏗
Most Popular
Create the document instantly yourself by entering the key details.
A$
FREE
Self-Service 🏗
Self Service is not yet available for this document.
FREE
Lawyer-Assisted ✅
Create the document yourself with 30 mins help from a lawyer.
Create the document yourself with 30 mins help from a lawyer.
A$
110
Lawyer-Assisted ✅
Create the document yourself with 30 mins help from a lawyer.
Create the document yourself with 30 mins help from a lawyer.
A$
110
Lawyer-Assisted ✅
Lawyer Assisted is not yet available for this document.
Create the document yourself with 30 mins help from a lawyer.
We create a bespoke document based on
your instructions.
A$
110
Please turn your device to landscape mode to begin creating your document.
Please turn your device to landscape mode to begin creating your document.
Please turn your device to landscape mode to begin creating your document.
Please turn your device to landscape mode to begin creating your document.
In order to allow for maximum flexibility and to increase the tax efficiency of our Family / Discretionary Trust (or within one of our Smarter Wills as a Testamentary Trust) we will generally advise that you give your Trustee/s wide discretionary powers.
Where Trustee/s have wide discretionary powers it is always desirable and therefore we strongly recommend that you record your wishes (in a non-binding Letter of Wishes) regarding how you would like these powers to be exercised.
Your wishes including your reasons (where your reasons are not obvious) could be recorded in the Trust document or the Will itself.
However, for the following reasons a separate document is recommended:
1️⃣ To clearly evidence the non-binding nature of the document;
2️⃣ To easily allow for changes to be made without the need for legal formalities (your signature is normally witnessed, though not strictly essential and the letter should be dated so that changes can be easily identified);
3️⃣ To allow for periodic review (whilst this is still possible); and
4️⃣ Confidentiality.
Examples highlighting where the need for Confidentiality may arise:
➲ A Will after Grant of Probate is a public document; or
➲ A Beneficiary may attempt to exercise a right to see Trust information or a copy of the Will. In such circumstances confidentiality may only be retained via the use of a separate document.
This separate document is conventionally referred to as a Letter of Wishes, though it could also be called a Statement of Wishes or a Memorandum of Wishes.
Best Practice is to create your Letter of Wishes at the same time as you settle your Trust or execute your Will respectively.
Enter the code WHen you pay full price to Purchase one of the following Self Service documents:
Re-Enter the code at checkout each time you buy the following documents to get a discount:
