diff --git a/src/Makefile.am b/src/Makefile.am
index 3fbbe180fcf..a9e9db0a7d4 100644
--- a/src/Makefile.am
+++ b/src/Makefile.am
@@ -277,6 +277,7 @@ BITCOIN_CORE_H = \
   util/overloaded.h \
   util/rbf.h \
   util/readwritefile.h \
+  util/result.h \
   util/serfloat.h \
   util/settings.h \
   util/sock.h \
diff --git a/src/bench/wallet_loading.cpp b/src/bench/wallet_loading.cpp
index f611383788e..d258d7a29ef 100644
--- a/src/bench/wallet_loading.cpp
+++ b/src/bench/wallet_loading.cpp
@@ -47,12 +47,11 @@ static void BenchUnloadWallet(std::shared_ptr<CWallet>&& wallet)
 
 static void AddTx(CWallet& wallet)
 {
-    bilingual_str error;
-    CTxDestination dest;
-    wallet.GetNewDestination(OutputType::BECH32, "", dest, error);
+    const auto& dest = wallet.GetNewDestination(OutputType::BECH32, "");
+    assert(dest.HasRes());
 
     CMutableTransaction mtx;
-    mtx.vout.push_back({COIN, GetScriptForDestination(dest)});
+    mtx.vout.push_back({COIN, GetScriptForDestination(dest.GetObj())});
     mtx.vin.push_back(CTxIn());
 
     wallet.AddToWallet(MakeTransactionRef(mtx), TxStateInactive{});
diff --git a/src/interfaces/wallet.h b/src/interfaces/wallet.h
index b3cb0ae3875..fe198c999b9 100644
--- a/src/interfaces/wallet.h
+++ b/src/interfaces/wallet.h
@@ -12,6 +12,7 @@
 #include <script/standard.h>           // For CTxDestination
 #include <support/allocators/secure.h> // For SecureString
 #include <util/message.h>
+#include <util/result.h>
 #include <util/ui_change_type.h>
 
 #include <cstdint>
@@ -87,7 +88,7 @@ public:
     virtual std::string getWalletName() = 0;
 
     // Get a new address.
-    virtual bool getNewDestination(const OutputType type, const std::string label, CTxDestination& dest) = 0;
+    virtual BResult<CTxDestination> getNewDestination(const OutputType type, const std::string label) = 0;
 
     //! Get public key.
     virtual bool getPubKey(const CScript& script, const CKeyID& address, CPubKey& pub_key) = 0;
@@ -138,12 +139,11 @@ public:
     virtual void listLockedCoins(std::vector<COutPoint>& outputs) = 0;
 
     //! Create transaction.
-    virtual CTransactionRef createTransaction(const std::vector<wallet::CRecipient>& recipients,
+    virtual BResult<CTransactionRef> createTransaction(const std::vector<wallet::CRecipient>& recipients,
         const wallet::CCoinControl& coin_control,
         bool sign,
         int& change_pos,
-        CAmount& fee,
-        bilingual_str& fail_reason) = 0;
+        CAmount& fee) = 0;
 
     //! Commit transaction.
     virtual void commitTransaction(CTransactionRef tx,
diff --git a/src/qt/addresstablemodel.cpp b/src/qt/addresstablemodel.cpp
index 27ee9509e6b..bb50b5384ae 100644
--- a/src/qt/addresstablemodel.cpp
+++ b/src/qt/addresstablemodel.cpp
@@ -370,23 +370,21 @@ QString AddressTableModel::addRow(const QString &type, const QString &label, con
     else if(type == Receive)
     {
         // Generate a new address to associate with given label
-        CTxDestination dest;
-        if(!walletModel->wallet().getNewDestination(address_type, strLabel, dest))
-        {
+        auto op_dest = walletModel->wallet().getNewDestination(address_type, strLabel);
+        if (!op_dest) {
             WalletModel::UnlockContext ctx(walletModel->requestUnlock());
-            if(!ctx.isValid())
-            {
+            if (!ctx.isValid()) {
                 // Unlock wallet failed or was cancelled
                 editStatus = WALLET_UNLOCK_FAILURE;
                 return QString();
             }
-            if(!walletModel->wallet().getNewDestination(address_type, strLabel, dest))
-            {
+            op_dest = walletModel->wallet().getNewDestination(address_type, strLabel);
+            if (!op_dest) {
                 editStatus = KEY_GENERATION_FAILURE;
                 return QString();
             }
         }
-        strAddress = EncodeDestination(dest);
+        strAddress = EncodeDestination(op_dest.GetObj());
     }
     else
     {
diff --git a/src/qt/walletmodel.cpp b/src/qt/walletmodel.cpp
index ab4d1cae3f2..bb6079afee4 100644
--- a/src/qt/walletmodel.cpp
+++ b/src/qt/walletmodel.cpp
@@ -204,10 +204,10 @@ WalletModel::SendCoinsReturn WalletModel::prepareTransaction(WalletModelTransact
     {
         CAmount nFeeRequired = 0;
         int nChangePosRet = -1;
-        bilingual_str error;
 
         auto& newTx = transaction.getWtx();
-        newTx = m_wallet->createTransaction(vecSend, coinControl, !wallet().privateKeysDisabled() /* sign */, nChangePosRet, nFeeRequired, error);
+        const auto& res = m_wallet->createTransaction(vecSend, coinControl, !wallet().privateKeysDisabled() /* sign */, nChangePosRet, nFeeRequired);
+        newTx = res ? res.GetObj() : nullptr;
         transaction.setTransactionFee(nFeeRequired);
         if (fSubtractFeeFromAmount && newTx)
             transaction.reassignAmounts(nChangePosRet);
@@ -218,7 +218,7 @@ WalletModel::SendCoinsReturn WalletModel::prepareTransaction(WalletModelTransact
             {
                 return SendCoinsReturn(AmountWithFeeExceedsBalance);
             }
-            Q_EMIT message(tr("Send Coins"), QString::fromStdString(error.translated),
+            Q_EMIT message(tr("Send Coins"), QString::fromStdString(res.GetError().translated),
                 CClientUIInterface::MSG_ERROR);
             return TransactionCreationFailed;
         }
diff --git a/src/test/util/wallet.cpp b/src/test/util/wallet.cpp
index 52aaeabccfa..7a00ac9e1f9 100644
--- a/src/test/util/wallet.cpp
+++ b/src/test/util/wallet.cpp
@@ -20,11 +20,10 @@ const std::string ADDRESS_BCRT1_UNSPENDABLE = "bcrt1qqqqqqqqqqqqqqqqqqqqqqqqqqqq
 std::string getnewaddress(CWallet& w)
 {
     constexpr auto output_type = OutputType::BECH32;
-    CTxDestination dest;
-    bilingual_str error;
-    if (!w.GetNewDestination(output_type, "", dest, error)) assert(false);
+    auto op_dest = w.GetNewDestination(output_type, "");
+    assert(op_dest.HasRes());
 
-    return EncodeDestination(dest);
+    return EncodeDestination(op_dest.GetObj());
 }
 
 #endif // ENABLE_WALLET
diff --git a/src/util/result.h b/src/util/result.h
new file mode 100644
index 00000000000..dcf5edaa5ba
--- /dev/null
+++ b/src/util/result.h
@@ -0,0 +1,43 @@
+// Copyright (c) 2022 The Bitcoin Core developers
+// Distributed under the MIT software license, see the accompanying
+// file COPYING or https://www.opensource.org/licenses/mit-license.php.
+
+#ifndef BITCOIN_UTIL_RESULT_H
+#define BITCOIN_UTIL_RESULT_H
+
+#include <util/translation.h>
+#include <variant>
+
+/*
+ * 'BResult' is a generic class useful for wrapping a return object
+ * (in case of success) or propagating the error cause.
+*/
+template<class T>
+class BResult {
+private:
+    std::variant<bilingual_str, T> m_variant;
+
+public:
+    BResult() : m_variant(Untranslated("")) {}
+    BResult(const T& _obj) : m_variant(_obj) {}
+    BResult(const bilingual_str& error) : m_variant(error) {}
+
+    /* Whether the function succeeded or not */
+    bool HasRes() const { return std::holds_alternative<T>(m_variant); }
+
+    /* In case of success, the result object */
+    const T& GetObj() const {
+        assert(HasRes());
+        return std::get<T>(m_variant);
+    }
+
+    /* In case of failure, the error cause */
+    const bilingual_str& GetError() const {
+        assert(!HasRes());
+        return std::get<bilingual_str>(m_variant);
+    }
+
+    explicit operator bool() const { return HasRes(); }
+};
+
+#endif // BITCOIN_UTIL_RESULT_H
diff --git a/src/wallet/feebumper.cpp b/src/wallet/feebumper.cpp
index 5e70ed4a308..43fdcee48db 100644
--- a/src/wallet/feebumper.cpp
+++ b/src/wallet/feebumper.cpp
@@ -219,19 +219,18 @@ Result CreateRateBumpTransaction(CWallet& wallet, const uint256& txid, const CCo
     new_coin_control.m_min_depth = 1;
 
     constexpr int RANDOM_CHANGE_POSITION = -1;
-    bilingual_str fail_reason;
-    FeeCalculation fee_calc_out;
-    std::optional<CreatedTransactionResult> txr = CreateTransaction(wallet, recipients, RANDOM_CHANGE_POSITION, fail_reason, new_coin_control, fee_calc_out, false);
-    if (!txr) {
-        errors.push_back(Untranslated("Unable to create transaction.") + Untranslated(" ") + fail_reason);
+    auto res = CreateTransaction(wallet, recipients, RANDOM_CHANGE_POSITION, new_coin_control, false);
+    if (!res) {
+        errors.push_back(Untranslated("Unable to create transaction.") + Untranslated(" ") + res.GetError());
         return Result::WALLET_ERROR;
     }
 
+    const auto& txr = res.GetObj();
     // Write back new fee if successful
-    new_fee = txr->fee;
+    new_fee = txr.fee;
 
     // Write back transaction
-    mtx = CMutableTransaction(*txr->tx);
+    mtx = CMutableTransaction(*txr.tx);
 
     return Result::OK;
 }
diff --git a/src/wallet/interfaces.cpp b/src/wallet/interfaces.cpp
index 327276f2ed4..547d972c8d8 100644
--- a/src/wallet/interfaces.cpp
+++ b/src/wallet/interfaces.cpp
@@ -146,11 +146,10 @@ public:
     void abortRescan() override { m_wallet->AbortRescan(); }
     bool backupWallet(const std::string& filename) override { return m_wallet->BackupWallet(filename); }
     std::string getWalletName() override { return m_wallet->GetName(); }
-    bool getNewDestination(const OutputType type, const std::string label, CTxDestination& dest) override
+    BResult<CTxDestination> getNewDestination(const OutputType type, const std::string label) override
     {
         LOCK(m_wallet->cs_wallet);
-        bilingual_str error;
-        return m_wallet->GetNewDestination(type, label, dest, error);
+        return m_wallet->GetNewDestination(type, label);
     }
     bool getPubKey(const CScript& script, const CKeyID& address, CPubKey& pub_key) override
     {
@@ -250,22 +249,21 @@ public:
         LOCK(m_wallet->cs_wallet);
         return m_wallet->ListLockedCoins(outputs);
     }
-    CTransactionRef createTransaction(const std::vector<CRecipient>& recipients,
+    BResult<CTransactionRef> createTransaction(const std::vector<CRecipient>& recipients,
         const CCoinControl& coin_control,
         bool sign,
         int& change_pos,
-        CAmount& fee,
-        bilingual_str& fail_reason) override
+        CAmount& fee) override
     {
         LOCK(m_wallet->cs_wallet);
-        FeeCalculation fee_calc_out;
-        std::optional<CreatedTransactionResult> txr = CreateTransaction(*m_wallet, recipients, change_pos,
-                fail_reason, coin_control, fee_calc_out, sign);
-        if (!txr) return {};
-        fee = txr->fee;
-        change_pos = txr->change_pos;
+        const auto& res = CreateTransaction(*m_wallet, recipients, change_pos,
+                                     coin_control, sign);
+        if (!res) return res.GetError();
+        const auto& txr = res.GetObj();
+        fee = txr.fee;
+        change_pos = txr.change_pos;
 
-        return txr->tx;
+        return txr.tx;
     }
     void commitTransaction(CTransactionRef tx,
         WalletValueMap value_map,
diff --git a/src/wallet/rpc/addresses.cpp b/src/wallet/rpc/addresses.cpp
index da4cc44ee68..9428d049de9 100644
--- a/src/wallet/rpc/addresses.cpp
+++ b/src/wallet/rpc/addresses.cpp
@@ -58,13 +58,12 @@ RPCHelpMan getnewaddress()
         output_type = parsed.value();
     }
 
-    CTxDestination dest;
-    bilingual_str error;
-    if (!pwallet->GetNewDestination(output_type, label, dest, error)) {
-        throw JSONRPCError(RPC_WALLET_KEYPOOL_RAN_OUT, error.original);
+    auto op_dest = pwallet->GetNewDestination(output_type, label);
+    if (!op_dest) {
+        throw JSONRPCError(RPC_WALLET_KEYPOOL_RAN_OUT, op_dest.GetError().original);
     }
 
-    return EncodeDestination(dest);
+    return EncodeDestination(op_dest.GetObj());
 },
     };
 }
@@ -106,12 +105,11 @@ RPCHelpMan getrawchangeaddress()
         output_type = parsed.value();
     }
 
-    CTxDestination dest;
-    bilingual_str error;
-    if (!pwallet->GetNewChangeDestination(output_type, dest, error)) {
-        throw JSONRPCError(RPC_WALLET_KEYPOOL_RAN_OUT, error.original);
+    auto op_dest = pwallet->GetNewChangeDestination(output_type);
+    if (!op_dest) {
+        throw JSONRPCError(RPC_WALLET_KEYPOOL_RAN_OUT, op_dest.GetError().original);
     }
-    return EncodeDestination(dest);
+    return EncodeDestination(op_dest.GetObj());
 },
     };
 }
diff --git a/src/wallet/rpc/spend.cpp b/src/wallet/rpc/spend.cpp
index 0e8cee5db88..22c1f2bdc2b 100644
--- a/src/wallet/rpc/spend.cpp
+++ b/src/wallet/rpc/spend.cpp
@@ -156,18 +156,16 @@ UniValue SendMoney(CWallet& wallet, const CCoinControl &coin_control, std::vecto
 
     // Send
     constexpr int RANDOM_CHANGE_POSITION = -1;
-    bilingual_str error;
-    FeeCalculation fee_calc_out;
-    std::optional<CreatedTransactionResult> txr = CreateTransaction(wallet, recipients, RANDOM_CHANGE_POSITION, error, coin_control, fee_calc_out, true);
-    if (!txr) {
-        throw JSONRPCError(RPC_WALLET_INSUFFICIENT_FUNDS, error.original);
+    auto res = CreateTransaction(wallet, recipients, RANDOM_CHANGE_POSITION, coin_control, true);
+    if (!res) {
+        throw JSONRPCError(RPC_WALLET_INSUFFICIENT_FUNDS, res.GetError().original);
     }
-    CTransactionRef tx = txr->tx;
+    const CTransactionRef& tx = res.GetObj().tx;
     wallet.CommitTransaction(tx, std::move(map_value), {} /* orderForm */);
     if (verbose) {
         UniValue entry(UniValue::VOBJ);
         entry.pushKV("txid", tx->GetHash().GetHex());
-        entry.pushKV("fee_reason", StringForFeeReason(fee_calc_out.reason));
+        entry.pushKV("fee_reason", StringForFeeReason(res.GetObj().fee_calc.reason));
         return entry;
     }
     return tx->GetHash().GetHex();
diff --git a/src/wallet/scriptpubkeyman.cpp b/src/wallet/scriptpubkeyman.cpp
index 1fec82a4856..bba31dfe0ba 100644
--- a/src/wallet/scriptpubkeyman.cpp
+++ b/src/wallet/scriptpubkeyman.cpp
@@ -21,26 +21,22 @@ namespace wallet {
 //! Value for the first BIP 32 hardened derivation. Can be used as a bit mask and as a value. See BIP 32 for more details.
 const uint32_t BIP32_HARDENED_KEY_LIMIT = 0x80000000;
 
-bool LegacyScriptPubKeyMan::GetNewDestination(const OutputType type, CTxDestination& dest, bilingual_str& error)
+BResult<CTxDestination> LegacyScriptPubKeyMan::GetNewDestination(const OutputType type)
 {
     if (LEGACY_OUTPUT_TYPES.count(type) == 0) {
-        error = _("Error: Legacy wallets only support the \"legacy\", \"p2sh-segwit\", and \"bech32\" address types");
-        return false;
+        return _("Error: Legacy wallets only support the \"legacy\", \"p2sh-segwit\", and \"bech32\" address types");;
     }
     assert(type != OutputType::BECH32M);
 
     LOCK(cs_KeyStore);
-    error.clear();
 
     // Generate a new key that is added to wallet
     CPubKey new_key;
     if (!GetKeyFromPool(new_key, type)) {
-        error = _("Error: Keypool ran out, please call keypoolrefill first");
-        return false;
+        return _("Error: Keypool ran out, please call keypoolrefill first");
     }
     LearnRelatedScripts(new_key, type);
-    dest = GetDestinationForKey(new_key, type);
-    return true;
+    return GetDestinationForKey(new_key, type);
 }
 
 typedef std::vector<unsigned char> valtype;
@@ -1658,12 +1654,11 @@ std::set<CKeyID> LegacyScriptPubKeyMan::GetKeys() const
     return set_address;
 }
 
-bool DescriptorScriptPubKeyMan::GetNewDestination(const OutputType type, CTxDestination& dest, bilingual_str& error)
+BResult<CTxDestination> DescriptorScriptPubKeyMan::GetNewDestination(const OutputType type)
 {
     // Returns true if this descriptor supports getting new addresses. Conditions where we may be unable to fetch them (e.g. locked) are caught later
     if (!CanGetAddresses()) {
-        error = _("No addresses available");
-        return false;
+        return _("No addresses available");
     }
     {
         LOCK(cs_desc_man);
@@ -1681,15 +1676,14 @@ bool DescriptorScriptPubKeyMan::GetNewDestination(const OutputType type, CTxDest
         std::vector<CScript> scripts_temp;
         if (m_wallet_descriptor.range_end <= m_max_cached_index && !TopUp(1)) {
             // We can't generate anymore keys
-            error = _("Error: Keypool ran out, please call keypoolrefill first");
-            return false;
+            return _("Error: Keypool ran out, please call keypoolrefill first");
         }
         if (!m_wallet_descriptor.descriptor->ExpandFromCache(m_wallet_descriptor.next_index, m_wallet_descriptor.cache, scripts_temp, out_keys)) {
             // We can't generate anymore keys
-            error = _("Error: Keypool ran out, please call keypoolrefill first");
-            return false;
+            return _("Error: Keypool ran out, please call keypoolrefill first");
         }
 
+        CTxDestination dest;
         std::optional<OutputType> out_script_type = m_wallet_descriptor.descriptor->GetOutputType();
         if (out_script_type && out_script_type == type) {
             ExtractDestination(scripts_temp[0], dest);
@@ -1698,7 +1692,7 @@ bool DescriptorScriptPubKeyMan::GetNewDestination(const OutputType type, CTxDest
         }
         m_wallet_descriptor.next_index++;
         WalletBatch(m_storage.GetDatabase()).WriteDescriptor(GetID(), m_wallet_descriptor);
-        return true;
+        return dest;
     }
 }
 
@@ -1769,9 +1763,14 @@ bool DescriptorScriptPubKeyMan::Encrypt(const CKeyingMaterial& master_key, Walle
 bool DescriptorScriptPubKeyMan::GetReservedDestination(const OutputType type, bool internal, CTxDestination& address, int64_t& index, CKeyPool& keypool, bilingual_str& error)
 {
     LOCK(cs_desc_man);
-    bool result = GetNewDestination(type, address, error);
+    auto op_dest = GetNewDestination(type);
     index = m_wallet_descriptor.next_index - 1;
-    return result;
+    if (op_dest) {
+        address = op_dest.GetObj();
+    } else {
+        error = op_dest.GetError();
+    }
+    return op_dest.HasRes();
 }
 
 void DescriptorScriptPubKeyMan::ReturnDestination(int64_t index, bool internal, const CTxDestination& addr)
diff --git a/src/wallet/scriptpubkeyman.h b/src/wallet/scriptpubkeyman.h
index ad924791afd..eebc05330f5 100644
--- a/src/wallet/scriptpubkeyman.h
+++ b/src/wallet/scriptpubkeyman.h
@@ -11,6 +11,7 @@
 #include <script/standard.h>
 #include <util/error.h>
 #include <util/message.h>
+#include <util/result.h>
 #include <util/time.h>
 #include <wallet/crypter.h>
 #include <wallet/ismine.h>
@@ -171,7 +172,7 @@ protected:
 public:
     explicit ScriptPubKeyMan(WalletStorage& storage) : m_storage(storage) {}
     virtual ~ScriptPubKeyMan() {};
-    virtual bool GetNewDestination(const OutputType type, CTxDestination& dest, bilingual_str& error) { return false; }
+    virtual BResult<CTxDestination> GetNewDestination(const OutputType type) { return Untranslated("Not supported"); }
     virtual isminetype IsMine(const CScript& script) const { return ISMINE_NO; }
 
     //! Check that the given decryption key is valid for this ScriptPubKeyMan, i.e. it decrypts all of the keys handled by it.
@@ -359,7 +360,7 @@ private:
 public:
     using ScriptPubKeyMan::ScriptPubKeyMan;
 
-    bool GetNewDestination(const OutputType type, CTxDestination& dest, bilingual_str& error) override;
+    BResult<CTxDestination> GetNewDestination(const OutputType type) override;
     isminetype IsMine(const CScript& script) const override;
 
     bool CheckDecryptionKey(const CKeyingMaterial& master_key, bool accept_no_keys = false) override;
@@ -567,7 +568,7 @@ public:
 
     mutable RecursiveMutex cs_desc_man;
 
-    bool GetNewDestination(const OutputType type, CTxDestination& dest, bilingual_str& error) override;
+    BResult<CTxDestination> GetNewDestination(const OutputType type) override;
     isminetype IsMine(const CScript& script) const override;
 
     bool CheckDecryptionKey(const CKeyingMaterial& master_key, bool accept_no_keys = false) override;
diff --git a/src/wallet/spend.cpp b/src/wallet/spend.cpp
index 21007f5a926..9be29c47090 100644
--- a/src/wallet/spend.cpp
+++ b/src/wallet/spend.cpp
@@ -652,19 +652,16 @@ static void DiscourageFeeSniping(CMutableTransaction& tx, FastRandomContext& rng
     }
 }
 
-static std::optional<CreatedTransactionResult> CreateTransactionInternal(
+static BResult<CreatedTransactionResult> CreateTransactionInternal(
         CWallet& wallet,
         const std::vector<CRecipient>& vecSend,
         int change_pos,
-        bilingual_str& error,
         const CCoinControl& coin_control,
-        FeeCalculation& fee_calc_out,
         bool sign) EXCLUSIVE_LOCKS_REQUIRED(wallet.cs_wallet)
 {
     AssertLockHeld(wallet.cs_wallet);
 
     // out variables, to be packed into returned result structure
-    CTransactionRef tx;
     CAmount nFeeRet;
     int nChangePosInOut = change_pos;
 
@@ -693,6 +690,7 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
 
     // Create change script that will be used if we need change
     CScript scriptChange;
+    bilingual_str error; // possible error str
 
     // coin control: send change to custom address
     if (!std::get_if<CNoDestination>(&coin_control.destChange)) {
@@ -740,13 +738,11 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
     // Do not, ever, assume that it's fine to change the fee rate if the user has explicitly
     // provided one
     if (coin_control.m_feerate && coin_selection_params.m_effective_feerate > *coin_control.m_feerate) {
-        error = strprintf(_("Fee rate (%s) is lower than the minimum fee rate setting (%s)"), coin_control.m_feerate->ToString(FeeEstimateMode::SAT_VB), coin_selection_params.m_effective_feerate.ToString(FeeEstimateMode::SAT_VB));
-        return std::nullopt;
+        return strprintf(_("Fee rate (%s) is lower than the minimum fee rate setting (%s)"), coin_control.m_feerate->ToString(FeeEstimateMode::SAT_VB), coin_selection_params.m_effective_feerate.ToString(FeeEstimateMode::SAT_VB));
     }
     if (feeCalc.reason == FeeReason::FALLBACK && !wallet.m_allow_fallback_fee) {
         // eventually allow a fallback fee
-        error = _("Fee estimation failed. Fallbackfee is disabled. Wait a few blocks or enable -fallbackfee.");
-        return std::nullopt;
+        return _("Fee estimation failed. Fallbackfee is disabled. Wait a few blocks or enable -fallbackfee.");
     }
 
     // Calculate the cost of change
@@ -771,10 +767,8 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
             coin_selection_params.tx_noinputs_size += ::GetSerializeSize(txout, PROTOCOL_VERSION);
         }
 
-        if (IsDust(txout, wallet.chain().relayDustFee()))
-        {
-            error = _("Transaction amount too small");
-            return std::nullopt;
+        if (IsDust(txout, wallet.chain().relayDustFee())) {
+            return _("Transaction amount too small");
         }
         txNew.vout.push_back(txout);
     }
@@ -795,8 +789,7 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
     // Choose coins to use
     std::optional<SelectionResult> result = SelectCoins(wallet, res_available_coins.coins, /*nTargetValue=*/selection_target, coin_control, coin_selection_params);
     if (!result) {
-        error = _("Insufficient funds");
-        return std::nullopt;
+        return _("Insufficient funds");
     }
     TRACE5(coin_selection, selected_coins, wallet.GetName().c_str(), GetAlgorithmName(result->m_algo).c_str(), result->m_target, result->GetWaste(), result->GetSelectedValue());
 
@@ -810,10 +803,8 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
         // Insert change txn at random position:
         nChangePosInOut = rng_fast.randrange(txNew.vout.size() + 1);
     }
-    else if ((unsigned int)nChangePosInOut > txNew.vout.size())
-    {
-        error = _("Transaction change output index out of range");
-        return std::nullopt;
+    else if ((unsigned int)nChangePosInOut > txNew.vout.size()) {
+        return _("Transaction change output index out of range");
     }
 
     assert(nChangePosInOut != -1);
@@ -840,8 +831,7 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
     TxSize tx_sizes = CalculateMaximumSignedTxSize(CTransaction(txNew), &wallet, &coin_control);
     int nBytes = tx_sizes.vsize;
     if (nBytes == -1) {
-        error = _("Missing solving data for estimating transaction size");
-        return std::nullopt;
+        return _("Missing solving data for estimating transaction size");
     }
     nFeeRet = coin_selection_params.m_effective_feerate.GetFee(nBytes);
 
@@ -901,11 +891,10 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
                 // Error if this output is reduced to be below dust
                 if (IsDust(txout, wallet.chain().relayDustFee())) {
                     if (txout.nValue < 0) {
-                        error = _("The transaction amount is too small to pay the fee");
+                        return _("The transaction amount is too small to pay the fee");
                     } else {
-                        error = _("The transaction amount is too small to send after the fee has been deducted");
+                        return _("The transaction amount is too small to send after the fee has been deducted");
                     }
-                    return std::nullopt;
                 }
             }
             ++i;
@@ -915,42 +904,37 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
 
     // Give up if change keypool ran out and change is required
     if (scriptChange.empty() && nChangePosInOut != -1) {
-        return std::nullopt;
+        return error;
     }
 
     if (sign && !wallet.SignTransaction(txNew)) {
-        error = _("Signing transaction failed");
-        return std::nullopt;
+        return _("Signing transaction failed");
     }
 
     // Return the constructed transaction data.
-    tx = MakeTransactionRef(std::move(txNew));
+    CTransactionRef tx = MakeTransactionRef(std::move(txNew));
 
     // Limit size
     if ((sign && GetTransactionWeight(*tx) > MAX_STANDARD_TX_WEIGHT) ||
         (!sign && tx_sizes.weight > MAX_STANDARD_TX_WEIGHT))
     {
-        error = _("Transaction too large");
-        return std::nullopt;
+        return _("Transaction too large");
     }
 
     if (nFeeRet > wallet.m_default_max_tx_fee) {
-        error = TransactionErrorString(TransactionError::MAX_FEE_EXCEEDED);
-        return std::nullopt;
+        return TransactionErrorString(TransactionError::MAX_FEE_EXCEEDED);
     }
 
     if (gArgs.GetBoolArg("-walletrejectlongchains", DEFAULT_WALLET_REJECT_LONG_CHAINS)) {
         // Lastly, ensure this tx will pass the mempool's chain limits
         if (!wallet.chain().checkChainLimits(tx)) {
-            error = _("Transaction has too long of a mempool chain");
-            return std::nullopt;
+            return _("Transaction has too long of a mempool chain");
         }
     }
 
     // Before we return success, we assume any change key will be used to prevent
     // accidental re-use.
     reservedest.KeepDestination();
-    fee_calc_out = feeCalc;
 
     wallet.WalletLogPrintf("Fee Calculation: Fee:%d Bytes:%u Tgt:%d (requested %d) Reason:\"%s\" Decay %.5f: Estimation: (%g - %g) %.2f%% %.1f/(%.1f %d mem %.1f out) Fail: (%g - %g) %.2f%% %.1f/(%.1f %d mem %.1f out)\n",
               nFeeRet, nBytes, feeCalc.returnedTarget, feeCalc.desiredTarget, StringForFeeReason(feeCalc.reason), feeCalc.est.decay,
@@ -960,52 +944,50 @@ static std::optional<CreatedTransactionResult> CreateTransactionInternal(
               feeCalc.est.fail.start, feeCalc.est.fail.end,
               (feeCalc.est.fail.totalConfirmed + feeCalc.est.fail.inMempool + feeCalc.est.fail.leftMempool) > 0.0 ? 100 * feeCalc.est.fail.withinTarget / (feeCalc.est.fail.totalConfirmed + feeCalc.est.fail.inMempool + feeCalc.est.fail.leftMempool) : 0.0,
               feeCalc.est.fail.withinTarget, feeCalc.est.fail.totalConfirmed, feeCalc.est.fail.inMempool, feeCalc.est.fail.leftMempool);
-    return CreatedTransactionResult(tx, nFeeRet, nChangePosInOut);
+    return CreatedTransactionResult(tx, nFeeRet, nChangePosInOut, feeCalc);
 }
 
-std::optional<CreatedTransactionResult> CreateTransaction(
+BResult<CreatedTransactionResult> CreateTransaction(
         CWallet& wallet,
         const std::vector<CRecipient>& vecSend,
         int change_pos,
-        bilingual_str& error,
         const CCoinControl& coin_control,
-        FeeCalculation& fee_calc_out,
         bool sign)
 {
     if (vecSend.empty()) {
-        error = _("Transaction must have at least one recipient");
-        return std::nullopt;
+        return _("Transaction must have at least one recipient");
     }
 
     if (std::any_of(vecSend.cbegin(), vecSend.cend(), [](const auto& recipient){ return recipient.nAmount < 0; })) {
-        error = _("Transaction amounts must not be negative");
-        return std::nullopt;
+        return _("Transaction amounts must not be negative");
     }
 
     LOCK(wallet.cs_wallet);
 
-    std::optional<CreatedTransactionResult> txr_ungrouped = CreateTransactionInternal(wallet, vecSend, change_pos, error, coin_control, fee_calc_out, sign);
-    TRACE4(coin_selection, normal_create_tx_internal, wallet.GetName().c_str(), txr_ungrouped.has_value(),
-           txr_ungrouped.has_value() ? txr_ungrouped->fee : 0, txr_ungrouped.has_value() ? txr_ungrouped->change_pos : 0);
-    if (!txr_ungrouped) return std::nullopt;
+    auto res = CreateTransactionInternal(wallet, vecSend, change_pos, coin_control, sign);
+    TRACE4(coin_selection, normal_create_tx_internal, wallet.GetName().c_str(), res.HasRes(),
+           res ? res.GetObj().fee : 0, res ? res.GetObj().change_pos : 0);
+    if (!res) return res;
+    const auto& txr_ungrouped = res.GetObj();
     // try with avoidpartialspends unless it's enabled already
-    if (txr_ungrouped->fee > 0 /* 0 means non-functional fee rate estimation */ && wallet.m_max_aps_fee > -1 && !coin_control.m_avoid_partial_spends) {
+    if (txr_ungrouped.fee > 0 /* 0 means non-functional fee rate estimation */ && wallet.m_max_aps_fee > -1 && !coin_control.m_avoid_partial_spends) {
         TRACE1(coin_selection, attempting_aps_create_tx, wallet.GetName().c_str());
         CCoinControl tmp_cc = coin_control;
         tmp_cc.m_avoid_partial_spends = true;
-        bilingual_str error2; // fired and forgotten; if an error occurs, we discard the results
-        std::optional<CreatedTransactionResult> txr_grouped = CreateTransactionInternal(wallet, vecSend, change_pos, error2, tmp_cc, fee_calc_out, sign);
+        auto res_tx_grouped = CreateTransactionInternal(wallet, vecSend, change_pos, tmp_cc, sign);
+        // Helper optional class for now
+        std::optional<CreatedTransactionResult> txr_grouped{res_tx_grouped.HasRes() ? std::make_optional(res_tx_grouped.GetObj()) : std::nullopt};
         // if fee of this alternative one is within the range of the max fee, we use this one
-        const bool use_aps{txr_grouped.has_value() ? (txr_grouped->fee <= txr_ungrouped->fee + wallet.m_max_aps_fee) : false};
+        const bool use_aps{txr_grouped.has_value() ? (txr_grouped->fee <= txr_ungrouped.fee + wallet.m_max_aps_fee) : false};
         TRACE5(coin_selection, aps_create_tx_internal, wallet.GetName().c_str(), use_aps, txr_grouped.has_value(),
                txr_grouped.has_value() ? txr_grouped->fee : 0, txr_grouped.has_value() ? txr_grouped->change_pos : 0);
         if (txr_grouped) {
             wallet.WalletLogPrintf("Fee non-grouped = %lld, grouped = %lld, using %s\n",
-                txr_ungrouped->fee, txr_grouped->fee, use_aps ? "grouped" : "non-grouped");
-            if (use_aps) return txr_grouped;
+                txr_ungrouped.fee, txr_grouped->fee, use_aps ? "grouped" : "non-grouped");
+            if (use_aps) return res_tx_grouped;
         }
     }
-    return txr_ungrouped;
+    return res;
 }
 
 bool FundTransaction(CWallet& wallet, CMutableTransaction& tx, CAmount& nFeeRet, int& nChangePosInOut, bilingual_str& error, bool lockUnspents, const std::set<int>& setSubtractFeeFromOutputs, CCoinControl coinControl)
@@ -1041,12 +1023,15 @@ bool FundTransaction(CWallet& wallet, CMutableTransaction& tx, CAmount& nFeeRet,
         }
     }
 
-    FeeCalculation fee_calc_out;
-    std::optional<CreatedTransactionResult> txr = CreateTransaction(wallet, vecSend, nChangePosInOut, error, coinControl, fee_calc_out, false);
-    if (!txr) return false;
-    CTransactionRef tx_new = txr->tx;
-    nFeeRet = txr->fee;
-    nChangePosInOut = txr->change_pos;
+    auto res = CreateTransaction(wallet, vecSend, nChangePosInOut, coinControl, false);
+    if (!res) {
+        error = res.GetError();
+        return false;
+    }
+    const auto& txr = res.GetObj();
+    CTransactionRef tx_new = txr.tx;
+    nFeeRet = txr.fee;
+    nChangePosInOut = txr.change_pos;
 
     if (nChangePosInOut != -1) {
         tx.vout.insert(tx.vout.begin() + nChangePosInOut, tx_new->vout[nChangePosInOut]);
diff --git a/src/wallet/spend.h b/src/wallet/spend.h
index 21f0095e775..ab0ff1ee58a 100644
--- a/src/wallet/spend.h
+++ b/src/wallet/spend.h
@@ -6,6 +6,8 @@
 #define BITCOIN_WALLET_SPEND_H
 
 #include <consensus/amount.h>
+#include <policy/fees.h> // for FeeCalculation
+#include <util/result.h>
 #include <wallet/coinselection.h>
 #include <wallet/transaction.h>
 #include <wallet/wallet.h>
@@ -100,10 +102,11 @@ struct CreatedTransactionResult
 {
     CTransactionRef tx;
     CAmount fee;
+    FeeCalculation fee_calc;
     int change_pos;
 
-    CreatedTransactionResult(CTransactionRef tx, CAmount fee, int change_pos)
-        : tx(tx), fee(fee), change_pos(change_pos) {}
+    CreatedTransactionResult(CTransactionRef _tx, CAmount _fee, int _change_pos, const FeeCalculation& _fee_calc)
+        : tx(_tx), fee(_fee), fee_calc(_fee_calc), change_pos(_change_pos) {}
 };
 
 /**
@@ -111,7 +114,7 @@ struct CreatedTransactionResult
  * selected by SelectCoins(); Also create the change output, when needed
  * @note passing change_pos as -1 will result in setting a random position
  */
-std::optional<CreatedTransactionResult> CreateTransaction(CWallet& wallet, const std::vector<CRecipient>& vecSend, int change_pos, bilingual_str& error, const CCoinControl& coin_control, FeeCalculation& fee_calc_out, bool sign = true);
+BResult<CreatedTransactionResult> CreateTransaction(CWallet& wallet, const std::vector<CRecipient>& vecSend, int change_pos, const CCoinControl& coin_control, bool sign = true);
 
 /**
  * Insert additional inputs into the transaction by
diff --git a/src/wallet/test/coinselector_tests.cpp b/src/wallet/test/coinselector_tests.cpp
index 9dd17c8e482..a418105ee13 100644
--- a/src/wallet/test/coinselector_tests.cpp
+++ b/src/wallet/test/coinselector_tests.cpp
@@ -74,11 +74,9 @@ static void add_coin(std::vector<COutput>& coins, CWallet& wallet, const CAmount
     tx.vout.resize(nInput + 1);
     tx.vout[nInput].nValue = nValue;
     if (spendable) {
-        CTxDestination dest;
-        bilingual_str error;
-        const bool destination_ok = wallet.GetNewDestination(OutputType::BECH32, "", dest, error);
-        assert(destination_ok);
-        tx.vout[nInput].scriptPubKey = GetScriptForDestination(dest);
+        auto op_dest = wallet.GetNewDestination(OutputType::BECH32, "");
+        assert(op_dest.HasRes());
+        tx.vout[nInput].scriptPubKey = GetScriptForDestination(op_dest.GetObj());
     }
     uint256 txid = tx.GetHash();
 
diff --git a/src/wallet/test/fuzz/notifications.cpp b/src/wallet/test/fuzz/notifications.cpp
index 9089c8ff467..816bef6148a 100644
--- a/src/wallet/test/fuzz/notifications.cpp
+++ b/src/wallet/test/fuzz/notifications.cpp
@@ -69,15 +69,14 @@ struct FuzzedWallet {
     CScript GetScriptPubKey(FuzzedDataProvider& fuzzed_data_provider)
     {
         auto type{fuzzed_data_provider.PickValueInArray(OUTPUT_TYPES)};
-        CTxDestination dest;
-        bilingual_str error;
+        BResult<CTxDestination> op_dest;
         if (fuzzed_data_provider.ConsumeBool()) {
-            assert(wallet->GetNewDestination(type, "", dest, error));
+            op_dest = wallet->GetNewDestination(type, "");
         } else {
-            assert(wallet->GetNewChangeDestination(type, dest, error));
+            op_dest = wallet->GetNewChangeDestination(type);
         }
-        assert(error.empty());
-        return GetScriptForDestination(dest);
+        assert(op_dest.HasRes());
+        return GetScriptForDestination(op_dest.GetObj());
     }
 };
 
diff --git a/src/wallet/test/spend_tests.cpp b/src/wallet/test/spend_tests.cpp
index bdc148afb44..53c3b5d2aee 100644
--- a/src/wallet/test/spend_tests.cpp
+++ b/src/wallet/test/spend_tests.cpp
@@ -28,19 +28,18 @@ BOOST_FIXTURE_TEST_CASE(SubtractFee, TestChain100Setup)
     auto check_tx = [&wallet](CAmount leftover_input_amount) {
         CRecipient recipient{GetScriptForRawPubKey({}), 50 * COIN - leftover_input_amount, true /* subtract fee */};
         constexpr int RANDOM_CHANGE_POSITION = -1;
-        bilingual_str error;
         CCoinControl coin_control;
         coin_control.m_feerate.emplace(10000);
         coin_control.fOverrideFeeRate = true;
         // We need to use a change type with high cost of change so that the leftover amount will be dropped to fee instead of added as a change output
         coin_control.m_change_type = OutputType::LEGACY;
-        FeeCalculation fee_calc;
-        std::optional<CreatedTransactionResult> txr = CreateTransaction(*wallet, {recipient}, RANDOM_CHANGE_POSITION, error, coin_control, fee_calc);
-        BOOST_CHECK(txr.has_value());
-        BOOST_CHECK_EQUAL(txr->tx->vout.size(), 1);
-        BOOST_CHECK_EQUAL(txr->tx->vout[0].nValue, recipient.nAmount + leftover_input_amount - txr->fee);
-        BOOST_CHECK_GT(txr->fee, 0);
-        return txr->fee;
+        auto res = CreateTransaction(*wallet, {recipient}, RANDOM_CHANGE_POSITION, coin_control);
+        BOOST_CHECK(res);
+        const auto& txr = res.GetObj();
+        BOOST_CHECK_EQUAL(txr.tx->vout.size(), 1);
+        BOOST_CHECK_EQUAL(txr.tx->vout[0].nValue, recipient.nAmount + leftover_input_amount - txr.fee);
+        BOOST_CHECK_GT(txr.fee, 0);
+        return txr.fee;
     };
 
     // Send full input amount to recipient, check that only nonzero fee is
diff --git a/src/wallet/test/wallet_tests.cpp b/src/wallet/test/wallet_tests.cpp
index 4093392ff95..81c01e50232 100644
--- a/src/wallet/test/wallet_tests.cpp
+++ b/src/wallet/test/wallet_tests.cpp
@@ -4,7 +4,6 @@
 
 #include <wallet/wallet.h>
 
-#include <any>
 #include <future>
 #include <memory>
 #include <stdint.h>
@@ -13,7 +12,6 @@
 #include <interfaces/chain.h>
 #include <key_io.h>
 #include <node/blockstorage.h>
-#include <node/context.h>
 #include <policy/policy.h>
 #include <rpc/server.h>
 #include <test/util/logging.h>
@@ -536,14 +534,12 @@ public:
     CWalletTx& AddTx(CRecipient recipient)
     {
         CTransactionRef tx;
-        bilingual_str error;
         CCoinControl dummy;
-        FeeCalculation fee_calc_out;
         {
             constexpr int RANDOM_CHANGE_POSITION = -1;
-            std::optional<CreatedTransactionResult> txr = CreateTransaction(*wallet, {recipient}, RANDOM_CHANGE_POSITION, error, dummy, fee_calc_out);
-            BOOST_CHECK(txr.has_value());
-            tx = txr->tx;
+            auto res = CreateTransaction(*wallet, {recipient}, RANDOM_CHANGE_POSITION, dummy);
+            BOOST_CHECK(res);
+            tx = res.GetObj().tx;
         }
         wallet->CommitTransaction(tx, {}, {});
         CMutableTransaction blocktx;
@@ -629,9 +625,7 @@ BOOST_FIXTURE_TEST_CASE(wallet_disableprivkeys, TestChain100Setup)
         wallet->SetMinVersion(FEATURE_LATEST);
         wallet->SetWalletFlag(WALLET_FLAG_DISABLE_PRIVATE_KEYS);
         BOOST_CHECK(!wallet->TopUpKeyPool(1000));
-        CTxDestination dest;
-        bilingual_str error;
-        BOOST_CHECK(!wallet->GetNewDestination(OutputType::BECH32, "", dest, error));
+        BOOST_CHECK(!wallet->GetNewDestination(OutputType::BECH32, ""));
     }
     {
         const std::shared_ptr<CWallet> wallet = std::make_shared<CWallet>(m_node.chain.get(), "", m_args, CreateDummyWalletDatabase());
@@ -639,9 +633,7 @@ BOOST_FIXTURE_TEST_CASE(wallet_disableprivkeys, TestChain100Setup)
         wallet->SetWalletFlag(WALLET_FLAG_DESCRIPTORS);
         wallet->SetMinVersion(FEATURE_LATEST);
         wallet->SetWalletFlag(WALLET_FLAG_DISABLE_PRIVATE_KEYS);
-        CTxDestination dest;
-        bilingual_str error;
-        BOOST_CHECK(!wallet->GetNewDestination(OutputType::BECH32, "", dest, error));
+        BOOST_CHECK(!wallet->GetNewDestination(OutputType::BECH32, ""));
     }
 }
 
diff --git a/src/wallet/wallet.cpp b/src/wallet/wallet.cpp
index 79ec29f19a7..de4a8a6eb75 100644
--- a/src/wallet/wallet.cpp
+++ b/src/wallet/wallet.cpp
@@ -2318,37 +2318,36 @@ bool CWallet::TopUpKeyPool(unsigned int kpSize)
     return res;
 }
 
-bool CWallet::GetNewDestination(const OutputType type, const std::string label, CTxDestination& dest, bilingual_str& error)
+BResult<CTxDestination> CWallet::GetNewDestination(const OutputType type, const std::string label)
 {
     LOCK(cs_wallet);
-    error.clear();
-    bool result = false;
     auto spk_man = GetScriptPubKeyMan(type, false /* internal */);
-    if (spk_man) {
-        spk_man->TopUp();
-        result = spk_man->GetNewDestination(type, dest, error);
-    } else {
-        error = strprintf(_("Error: No %s addresses available."), FormatOutputType(type));
-    }
-    if (result) {
-        SetAddressBook(dest, label, "receive");
+    if (!spk_man) {
+        return strprintf(_("Error: No %s addresses available."), FormatOutputType(type));
     }
 
-    return result;
+    spk_man->TopUp();
+    auto op_dest = spk_man->GetNewDestination(type);
+    if (op_dest) {
+        SetAddressBook(op_dest.GetObj(), label, "receive");
+    }
+
+    return op_dest;
 }
 
-bool CWallet::GetNewChangeDestination(const OutputType type, CTxDestination& dest, bilingual_str& error)
+BResult<CTxDestination> CWallet::GetNewChangeDestination(const OutputType type)
 {
     LOCK(cs_wallet);
-    error.clear();
 
+    CTxDestination dest;
+    bilingual_str error;
     ReserveDestination reservedest(this, type);
     if (!reservedest.GetReservedDestination(dest, true, error)) {
-        return false;
+        return error;
     }
 
     reservedest.KeepDestination();
-    return true;
+    return dest;
 }
 
 std::optional<int64_t> CWallet::GetOldestKeyPoolTime() const
diff --git a/src/wallet/wallet.h b/src/wallet/wallet.h
index 865ce923119..e2c3d76438f 100644
--- a/src/wallet/wallet.h
+++ b/src/wallet/wallet.h
@@ -15,6 +15,7 @@
 #include <psbt.h>
 #include <tinyformat.h>
 #include <util/message.h>
+#include <util/result.h>
 #include <util/strencodings.h>
 #include <util/string.h>
 #include <util/system.h>
@@ -45,7 +46,6 @@ using LoadWalletFn = std::function<void(std::unique_ptr<interfaces::Wallet> wall
 
 class CScript;
 enum class FeeEstimateMode;
-struct FeeCalculation;
 struct bilingual_str;
 
 namespace wallet {
@@ -666,8 +666,8 @@ public:
      */
     void MarkDestinationsDirty(const std::set<CTxDestination>& destinations) EXCLUSIVE_LOCKS_REQUIRED(cs_wallet);
 
-    bool GetNewDestination(const OutputType type, const std::string label, CTxDestination& dest, bilingual_str& error);
-    bool GetNewChangeDestination(const OutputType type, CTxDestination& dest, bilingual_str& error);
+    BResult<CTxDestination> GetNewDestination(const OutputType type, const std::string label);
+    BResult<CTxDestination> GetNewChangeDestination(const OutputType type);
 
     isminetype IsMine(const CTxDestination& dest) const EXCLUSIVE_LOCKS_REQUIRED(cs_wallet);
     isminetype IsMine(const CScript& script) const EXCLUSIVE_LOCKS_REQUIRED(cs_wallet);