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New Jersey Will  Form

New Jersey Will Form

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hi this is fred nieman i'm talking today about probate and the probate process and i realized that in many wills there are trusts but there's very little discussion on the internet or elsewhere on how one treats a trust within a last will a trust that is found in the will is called a testamentary trust in other words a trust that only comes to existence upon the death of an individual and trusts are generally created because the person who writes the will is concerned that their beneficiaries may not be either old enough or mature enough to handle the estate and the assets and the inheritance they're about to receive so they put a trust in the will when you have a trust a trust has to function through a trustee so the will appoints a trustee and as part of the probate process the executor and the trustee gets separately qualified and the individual who is going to act as the trustee will have to also be sworn in and authenticated as one who agrees to follow the

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