Examples of 'testamentary trust' in a sentence
Meaning of "testamentary trust"
testamentary trust: A testamentary trust is a type of trust that is created through a will and comes into effect upon the death of the individual who established it, outlining how the assets and funds are to be managed and distributed to the beneficiaries
How to use "testamentary trust" in a sentence
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testamentary trust
A testamentary trust only takes effect at death.
Any trust other than a testamentary trust.
A testamentary trust is treated as a separate taxpayer.
This could be accomplished through a testamentary trust.
A testamentary trust is created by a will or codicil.
It provided for the creation of a testamentary trust.
A testamentary trust is valid when the person dies.
Challenges of succession liquidators and testamentary trust trustees.
A testamentary trust may be established under the terms of a will.
The will created a testamentary trust.
A testamentary trust only becomes effective upon your death.
The building belongs to a testamentary trust.
A testamentary trust is a legal mechanism created from the will itself.
I have explored the planning opportunities of setting up a testamentary trust.
An individual can also set up a testamentary trust in his or her will.
See also
A testamentary trust is a trust that is created pursuant to the terms of a will.
An inter vivos trust is a trust that is not a testamentary trust.
A trust can also be either a testamentary trust or an inter vivos trust.
You may choose to set up a living trust or a testamentary trust.
The testamentary trust can also be useful for a testamentary succession in a stepfamily.
Tax advantages of a testamentary trust.
A testamentary trust is a personal trust or estate created on the day a person dies.
Trusts are classified either as an inter vivos trust or a testamentary trust.
A testamentary trust is not created and funded until the grantor dies.
You may wish to consider establishing a testamentary trust as part of your testamentary planning.
A testamentary trust is created by a will and arises after the death of the settlor.
All of these problems can be avoided by creating a testamentary trust for your children.
A deceased estate is a testamentary trust which automatically arises on the death of the testator.
To split up your income in order to minimize your tax bill for a testamentary trust.
A testamentary trust is created by the will of a person and takes effect after his death.
In accordance with the will of your late legal guardian you will receive a testamentary trust.
Types of trusts A trust is either a testamentary trust or an inter vivos trust.
Inter vivos trust An inter vivos trust is a trust that is not a testamentary trust.
A Testamentary Trust becomes effective upon the death of creator of the Will.
The Wealthy Barber explains the benefits of a testamentary trust.
The Foundation is a testamentary trust created by XXXXXXXXXX in his Will.
Such a trust is called a Testamentary Trust.
Is a spousal testamentary trust still a valuable option?
Protect your heir 's interests with a testamentary trust.
Termination of the testamentary trust must be determined or determinable ;.
In general, the reasons given by a testator to create a testamentary trust are,.
Establishing a testamentary trust according to your family 's needs.
Through your will, you may also establish a testamentary trust.
Would a testamentary trust have been preferable?
Keep in mind that unlike a living trust, a testamentary trust does not avoid probate.
What is a testamentary trust and how is it different from others?
A Henson trust can be established as either a living trust, or a testamentary trust.
That way is a Testamentary Trust.
A Spendthrift Trust may be created under a revocable or irrevocable living trust, or a testamentary trust.
As mentioned above, a testamentary trust comes into effect not until the testator dies.
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Examples of using Testamentary
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The requirements for testamentary capacity are minimal
A testamentary trust only takes effect at death
He can alienate it by testamentary disposition or inter vivos
