If you are drawing up your will and want to leave money to a minor child, using a testamentary trust is one way to do so. This legal document can also be beneficial in other situations, such as if you ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

As you sit down with your financial advisor to create an estate plan, one option that may arise is a testamentary trust. A testamentary trust is a type of trust that’s created in a last will and ...

The next time you revise your will, consider including a testamentary trust. This is the kind of a trust that you can create using your will, to take effect when you die. A testamentary trust can help ...

JOHANNESBURG - Often the testator or testatrix directs in his or her will that his or her assets be transferred into a trust to be formed upon his or her death. A testamentary trust is then formed ...

Add articles to your saved list and come back to them any time. There are many things to worry about when you own a business. Often ensuring your financial, business and personal affairs will be in ...

Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and planning industry. Ebony Howard is a certified public accountant and a QuickBooks ...

One component of your estate plan may be a testamentary trust, which is a legal document, usually created within a will, that becomes effective at your death. Directing assets through a testamentary ...