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The Art of Estate Planning Podcast

#15 One of the most overlooked issues when drafting TDT wills

09 Dec 2024

Description

When it comes to drafting testamentary discretionary trust wills, there’s one critical issue that has been flying under the radar since 2021 - Foreign Investment Review Board (FIRB) approval.  If you’re scratching your head wondering what FIRB has to do with estate planning – you’re not alone.   In this episode, we unpack the risks of overlooking this sleeper issue and share practical tips to ensure your drafting sets your clients up for success (and avoids those hefty FIRB application fees!).  If you prepare TDT wills, this episode is a must-listen.   Tune in to stay on top of the rules and protect your clients from unnecessary complications. 

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