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Testamentary trusts, however, are subject to probate, which can be a lengthy and public process. This may lead to additional costs and delays in asset distribution.
As an observation, while appointment of a guardian/conservator does not automatically divest the ward of testamentary capacity, it is often difficult for the ward to engage in estate planning ...
A testamentary trust is a special kind of trust, typically created as part of your will that does not come into existence until after you die. Testamentary trusts are easy to create and can be an ...
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