Testamentary Trusts EXPLAINED | Trust & Will

There are many different types of Trusts that you can implement in your estate plan. Today I want to explain the benefits of Testamentary Trusts, and why you should consider setting one up for your estate plan. bit.ly/3R3yH5e
Click the link above to access our guide on estate taxes!
Timestamps:
0:00 - Estate planning
0:42 - What is a Testamentary Trust?
1:17 - Two types of Testamentary Trusts
1:23 - Separate Testamentary Trusts
1:44 - Family Testamentary Trusts
2:11 - Benefits of Testamentary Trusts
3:05 - Common questions about Testamentary Trusts
4:41 - Other types of Trusts
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Legal note: Keep in mind, every situation is unique and the following is not legal advice. But we hope it helps you get started with your estate planning process.
Information:
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[@Trustandwill]

What did you think about Testamentary Trusts? Do you think its something you'd use in your estate plan? Leave your answer in the comments below. And here is the estate taxes guide I mentioned: bit.ly/3R3yH5e

[@JohnLewis-gp6hf]

Thank you for the information.

[@codybarbo]

Super helpful info here, Patrick!

[@Trustandwill]

Thanks Cody!

[@gregb3443]

Hello patrick, are you an attorney

[@julied213]

Only thing is those minor children have no idea if they are getting what their loved one wanted or not. Especially if the trustee is calculated and untrustworthy.

[@nidasalvador9705]

Sorry my late husband no will what to do