Testamentary trust: A trust that comes into existence only after you’ve handed absent. The terms in the trust are usually included in your will. A testamentary trust is irrevocable by definition. A living trust is revocable, to help you change or revoke it during your lifetime. After you die, the https://dallasvvjjg.ampblogs.com/the-single-best-strategy-to-use-for-what-is-a-trust-legal-74068219