The risk of being sued, particularly for those persons whose trade makes them vulnerable (doctors, lawyers, accountants, sole traders etc) is ever present and usually results in them not owning any assets in their sole name.
If a beneficiary experiences financial difficulties and receives a windfall from your estate it is possible that your gift can be attacked by creditors.

With a Testamentary Trust the trustee determines who receives the income and/or capital of your estate and can decide what (if anything) to pay to a bankrupt beneficiary.
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