The Difference Between Living And Testamentary Trusts
Автор: Anne Moore
Загружено: 2022-05-03
Просмотров: 464
Описание:
The Difference Between Living And Testamentary Trusts is when they are created for you. For more information what this short informational video be Anne E. Moore, Estate Planning Attorney of Charlotte and Sarasota counties in Florida. If you have further questions about trusts and live in Sarasota or Charlotte counties in Florida, don't hesitate to contact us on our website https//attorneyanne.com/ or call us at (941) 662 5750 to schedule your free consultation.
Anne E. Moore:
A testamentary trust is one that's created after your death. It's specified in your will, and it's usually a contingent trust. Meaning if I die with pets or if I die with children under a certain age, then create a trust. A living trust is created during your lifetime, it's one that holds your assets, and it's one that lives on after you and distributes your assets after your death in order to avoid probate.
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