In this episode, Tara and Carrie tackle a common dilemma in estate planning: how much flexibility should trustees of testamentary trusts for minors have, and how can we prevent them from abusing that power?

We explore the delicate balance between empowering trustees to adapt to unforeseen circumstances and the risks of giving them too much control.

Should we give trustees with wide discretion, or is it safer to limit their scope and pass control to potentially financially immature beneficiaries at age 18?

Join us as we weigh the pros and cons and share practical tips on what to consider when advising clients on this crucial decision.

Download your free checklist “Top 10 mistakes when nominating financial controllers” here.