When children or grandchildren that are still minors (under the age of 18 years) at the time of making your Will, your Will of necessity should contain a bare testamentary trust. It is usually created by an express direction to the Executor/Trustee that part of the Estate is to be held “upon trust” until the beneficiary attains the vesting age that you have specified.

The Executor/Trustee is given certain express powers to deal with a beneficiary’s inheritance where the beneficiary is either not old enough to take it in their own right or unable to manage the property due to disability or other vulnerability.