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testamentary trust

American  

noun

Law.
  1. a trust set up under the terms of a will.


Example Sentences

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“A testamentary trust is a trust created in a will. When you die, if the trust is ‘triggered,’ the trust springs into being,” the law firm adds.

From MarketWatch ● Oct. 15, 2026

In a will, this is typically set up as what’s called a testamentary trust, which is a trust that springs out of a will.

From MarketWatch ● Aug. 26, 2026

Alternatively, you could each place your 50% interest in the home into a testamentary trust at your death, giving the surviving spouse the right to live there for life.

From MarketWatch ● Feb. 10, 2026

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