testamentary trust


A trust created within a will. Does not take effect until the death of the grantor.

Use testamentary trust in a sentence

With my lawyer at my disposal, we hashed out the details of the testamentary trust, and finalized some other parts of the will.

​ Was this Helpful? YES  NO 6 people found this helpful.

I've decided to leave the bulk of my wealth to my lovely daughter Emma in the form of a testamentary trust not to be withdrawn from until a certained date.

​ Was this Helpful? YES  NO 11 people found this helpful.

"And now," said my grandmother's solicitor, "I am going to read the terms of her testamentary trust, as my client had stated that you were her sole benefactor."

​ Was this Helpful? YES  NO 8 people found this helpful.

Show more usage examples...

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
testamentary capacity inter vivos trust