What Is A Spendthrift There is often that one family member that constantly makes poor financial decisions because of a number of reasons. This could…
Month: February 2021
Contingent Trustee
A contingent trust is a trust that can only be created or funded if certain conditions exist when the testator dies. This means that a contingent trust is a trust that has not come into existence but will come into existence in the future when a particular event occurs. Most of the time these trusts are created by the terms of a grantor’s Will. An experienced Texas estate planning lawyer can give you more information about these trusts and help you create them.
What Is A Testamentary Trust Will A testamentary trust is a trust that only takes effect after the death of a testator. A testator can…