n. a trust created by the terms of a will. Example: "The residue of my estate shall form the corpus (body) of a trust, with the executor as trustee, for my children's health and education, which shall terminate when the last child attains the age of 25, when the remaining corpus and any accumulated profits shall be divided among my then living chil...
The Laeisz family of Germany is a Hanseatic family. ... A testamentary trust (sometimes referred to as a will trust or trust under will) is a trust which arises upon the death of the testator, and which is specified in his or her will. A will may contain more than one testamentary trust, and may address all or any portion of the estate.--> Testamentary trusts are distinguished from inter vivos trusts, ...
A trust set up by a will. This trust becomes effective only upon the death of the testator.
(from the article `trust company`) ...as to the disposal of the income from the property and eventually of the property itself. Such living trusts are used especially by the wealthy ...
A trust created by a will, that is scheduled to occur after the maker`s death.
A trust created by a will.
A trust formed as per the indication given in the will after the death of the person who created the will.
A trust set up by a will.
A trust created by a will, effective only upon the death of the will maker. Compare: living trust
Trust set up by a will. Compare living trust.
[n] - a trust that is created under a will and that becomes active after the grantor dies
noun a trust that is created under a will and that becomes active after the grantor dies