All Articles (1)Advice & SupportApr 23, 2019What is a Testamentary Trust and Do I Need One?A testamentary trust is a trust that does not go into effect until the person who created the trust dies. The creator of the trust is called the grantor. Typically, the testamentary trust is written into a will to create a trust for minor children. The will is in effect after it is created, but the testamentary trust within is not valid until the maker of the will dies.Showing 1 - 1 of 1 ResultsBrowse articles by tagPlanning ResourcesSympathy AdviceHonoringGriefOffer Sympathy and SupportHelp with Grief and LossHonoring a Life
Advice & SupportApr 23, 2019What is a Testamentary Trust and Do I Need One?A testamentary trust is a trust that does not go into effect until the person who created the trust dies. The creator of the trust is called the grantor. Typically, the testamentary trust is written into a will to create a trust for minor children. The will is in effect after it is created, but the testamentary trust within is not valid until the maker of the will dies.
