Testamentary Trust

Testamentary Trust Explained

Testamentary Trust

A testamentary trust is set up by a will. The key is that testamentary trusts are given their life after a probate of a will. The will then funds those trusts, which are then deemed testamentary trusts. A testamentary trust is set-up by the testator (aka settlor, grantor, or trustor) through a will-based estate plan…

Read More