Posted in Testamentary Trust

A testamentary trust is a trust that is created by a Will and only comes into effect after the person who made the Will (the testator) has died. It is a way of passing on assets in a more controlled and possibly protective way, especially if: The beneficiaries are minors or have disabilities ...

A testamentary trust is a trust established by a Will that comes into effect upon the death of the testator. It offers several benefits, making it a popular choice for estate planning. Here are some of the key advantages: 1. Asset Protection   Protection from creditors: Assets held in a ...

A testamentary trust is a trust created by a valid Will and comes into existence after the Will-maker’s death. Instead of giving your assets directly, you appoint a trustee in your Will to manage and hold your assets for the benefit of your heirs, known as beneficiaries. Testamentary t...