10 Things You Should Know About a Testamentary Trust - LegalZoom
A testamentary trust can ensure children or others who need help managing the proceeds of your will are protected.
www.legalzoom.comThis testamentary trust is created through a will and takes effect only after the grantor's death, usually in probate. After the will is verified, the executor receives authorization, the executor funds the trust. A trustee manages the assets and distributes to beneficiaries per the trust terms.