Testamentary Trusts

Trusts can be established during one's lifetime, or in a will to be created upon death. In either case, the benefits can be similar. In essence, a testamentary trust provision in a person’s will stipulates that upon death the decedent's estate (or part) is to be held “in trust” for the benefit of others rather than paid out entirely and immediately. New Covenant Trust Company’s trust professionals can offer guidance about creating such provisions in your will.

For more information about trust services or any other service provided by New Covenant Trust Company, please contact us at 800-528-4083 or e-mail at info@newcovenanttrust.com Contact your tax advisor to determine how these trusts would actually affect your estate.