Testamentary trust: A trust that arrives into existence only Once you’ve passed away. The conditions of your trust are usually included in your will. A testamentary trust is irrevocable by definition. Lots of individuals create this sort of arrangement in order to safeguard their assets from getting shed to creditors https://trustandestateplanning41821.digitollblog.com/37243820/5-essential-elements-for-k1-from-a-trust