MSU Extension: Testamentary Trusts - A Useful Estate Planning Tool

Planning for what happens to property after death is an important step for Montana families, especially those with young children, blended families, or loved ones who need long-term financial support. A MontGuide from Montana State University Extension titled Testamentary Trusts in Montana explains how this estate planning tool can provide structure, protection, and flexibility for managing assets after a person dies.

A testamentary trust is a trust created through a will. Unlike other types of trusts that take effect during a person’s lifetime, a testamentary trust does not legally exist unti...