What Is A Testamentary Trust | Bott & Associates, Ltd.
A trust lawyer can help create a testamentary trust to manage and distribute assets to beneficiaries after your death.
bottestateplanning.comA testamentary trust is set up via a will and takes effect only after the grantor's death, typically during probate Once the will is verified, the executor gets authorized, the executor funds the trust. The trustee administers the assets and grants distributions to beneficiaries according to the trust terms.