Testamentary Trust

 

Testamentary Trusts are created by a will, therefore; the trust does not exist until the will is administered following one's death.  While a Testamentary Trust does not avoid probate, there are reasons to consider a Testamentary Trust such as:

  • Ensures orderly distributions of assets as outlined in your will
  • Long term management of assets
  • Provides life estate to beneficiaries
  • May create certain tax savings

 

Contact us today at 870-698-6371 for more information.