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WUMB RADIO Planned Giving
Testamentary Trust
A
testamentary trust is written into a will and is set into motion
by the Court after the will reaches a certain point of execution. It is
used only after the death of the person whose estate it represents. It
is possible to use a testamentary trust to fund many of the deferred gift
options discussed elsewhere in these pages. In that manner, the options
are referred to as a testamentary charitable gift annuity, a testamentary
charitable remainder trust, or a testamentary charitable lead trust.
Please note, individual financial circumstances will
vary. The information on this site does not constitute legal or tax advice.
As with all tax and estate planning, please consult your attorney or estate
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