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A testamentary trust, also referred to as a will trust, specifies how a person's assets are specified after the grantor's Loss of life. It's not recognized until after the grantor passes away.
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It is possible to produce a trusts by working with an estate planning attorney or using estate planning software.
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Revocable trusts, also called living trusts, are produced during the grantor’s life span and so are normally useful for:
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The cash that her father remaining her is becoming held/held in trust (= staying managed) for her until she's 30.
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