Testamentary Trusts and Asset Protection
A “living trust” is any kind of trust that is created by an individual and which remains in existence during the individual’s lifetime. Some examples of living trusts are Revocable Trusts, Irrevocable Trusts and Special Needs Trusts. However, a Testamentary Trust is different; it is not a “living trust.” In fact, the Testamentary Trust is […]