Testamentary Trust: Definition & How It Works
Learn what a testamentary trust is, how it works, and its benefits in estate planning. Get expert insights on setting up a testamentary trust, with MetLife.
www.metlife.comA testamentary trust originates in a will and activates after the grantor dies, often during probate After the will is verified, the executor gets authorized, the executor funds the trust. A trustee oversees the assets and makes distributions to beneficiaries based on the trust terms.