Unlike living trusts, which are created during a person’s lifetime, testamentary trusts are activated only after the testator’s passing, offering a posthumous method of asset management.

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

If a child or other beneficiary is diagnosed with a disability, it is very possible that they currently, or in the future, ...

Recent changes in the law affect estate planning and could provide a template for our New Jersey legislature to improve ...

It’s quick and simple to open a trust account online with Ally, and you can also convert non-IRA accounts into trust accounts. Ally allows for multiple trustees on each trust bank account as well.

Non-grantor trusts are either simple or complex. All earned income in a simple trust must be distributed annually to a beneficiary or beneficiaries. However, no distributions from the principal ...