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[countable, uncountable] (legislation) an arrangement by which a corporation or a bunch of people has authorized Charge of funds or property that's been given to any person, ordinarily right up until that person reaches a certain age; an amount of money or assets that is controlled in this manner

Testamentary trust: Established because of the phrases of one's will; as opposed to other trusts, these trust accounts are only funded upon your death.

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Living or Testamentary A dwelling trust, also referred to as an inter-vivos trust, is really a written doc where a person's belongings are presented like a trust for the individual's use and profit through their lifetime.

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