If you are drawing up your will and want to leave money to a minor child, using a testamentary trust is one way to do so. This legal document can also be beneficial in other situations, such as if you ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

Q: My two sisters and I are in the process of doing some estate planning for my mother, who is 80 years old, has Alzheimer’s and doesn’t have long to live. We are trying to understand how a ...

I recently helped an executor administer an estate that poured over to an unfunded revocable trust. Although the decedent failed to use the trust to avoid probate, the trust made probate easy. The ...

Financial advisors need to familiarize themselves with pending changes to the taxation of testamentary trusts and consider alternatives when discussing options for their clients’ heirs. “The proposed ...

The trustee of an annuity trust created under Article EIGHTEENTH of the will of Max Mandel brings this proceeding to construe provisions of the will establishing the trust. The testator died on June 3 ...

One component of your estate plan may be a testamentary trust, which is a legal document, usually created within a will, that becomes effective at your death. Directing assets through a testamentary ...