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What is the difference between a Will and a Testamentary Trust?
When planning your estate, it is essential to understand the difference between a Will and a Testamentary Trust.

When planning your estate, it is essential to understand the difference between a Will and a Testamentary Trust.

A Testamentary Trust is a special type of Trust created within a Will. It helps protect and manage assets for beneficiaries after the Will-maker passes away. Unlike a standard Will, which distributes assets immediately, it offers ongoing control, tax benefits, and extra security.