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testamentary trust::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | trust |
Examples of testamentary trust
testamentary trust
There are few general rules about whether a testamentary trust will be best for you.
From the smh.com.au
A trust created in an individual's will is called a testamentary trust.
From the en.wikipedia.org
One of the ways to deal with the child's financial security is to set up a testamentary trust.
From the smh.com.au
A will may also create a testamentary trust that is effective only after the death of the testator.
From the en.wikipedia.org
Stroud suggests the parents update their wills, appoint a guardian and create a testamentary trust within their wills.
From the newsobserver.com
Can I make a testamentary trust with a DIY kit?
From the smh.com.au
If your family situation is complex, you may consider a testamentary trust, which is a trust created in your will that starts when you die.
From the usatoday.com
Because a will can become effective only upon death, a testamentary trust is generally created at or following the date of the settlor's death.
From the en.wikipedia.org
A testamentary trust is established under a will to appoint a trustee to use property for the benefit of the beneficiary in the way that the will specifies.
From the smh.com.au
