Testamentary trust: A trust that will come into existence only Once you’ve passed absent. The phrases of the trust are typically included in your will. A testamentary trust is irrevocable by definition. What to keep in mind: At the time an irrevocable trust is created, the assets are no more https://trustlegalandgeneral61108.webbuzzfeed.com/37832115/the-basic-principles-of-what-is-a-trust-legal