Trusts

A special disability testamentary trust (SDTT) is a type of trust created in a will for the benefit of a person with a disability. The purpose of an SDTT is to provide financial support and protection for the disabled person after the death of the person creating the trust in their Will (the testator). The…

A trust is a legal relationship in which a person or corporate entity (the trustee) holds assets on behalf of and for the benefit of one or more third parties (the beneficiaries). The trustee is the owner of the trust property — not the beneficial owner — and can be a person, legal, or corporate…