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.comA testamentary trust is set up via a will and activates after the grantor dies, typically during probate After verification of the will, the executor receives authorization, the executor funds the trust. A trustee manages the assets and distributes to beneficiaries per the trust terms.