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.comThis testamentary trust is created through a will and begins at the grantor’s death, typically during probate After verification of the will, the executor gets authorized, the executor funds the trust assets. A trustee manages the assets and distributes to beneficiaries per the trust terms.