Testamentary Trust
It's basically a legal entity holding the proceeds from a will that becomes active when the writer of that will kicks the bucket.
It it's the kicker's "testament" as to what they want done with their house, car, liver, and lungs.
It's basically a legal entity holding the proceeds from a will that becomes active when the writer of that will kicks the bucket.
It it's the kicker's "testament" as to what they want done with their house, car, liver, and lungs.