What Is a Testamentary Trust? How It Works & When to Use One
Testamentary trusts are irrevocable estate planning tools that let you control how wealth and assets are distributed after your death.
www.thrivent.comTestamentary trust is created through a will and takes effect only after the grantor's death, often during probate After the will is verified, the executor gets authorized, the executor provides funding to the trust. A trustee oversees the assets and makes distributions to beneficiaries based on the trust terms.