Setting up a testamentary Trust for children is a vital step in estate planning, ensuring that assets are managed and used wisely for your children's benefit until they reach an appropriate age.

Setting up a testamentary Trust for minor children is a vital step in estate planning, ensuring that assets are managed and used wisely for your children's benefit until they reach an appropriate age. A testamentary Trust, which takes effect upon the death of the Trust creator and is typically outlined in a Will, provides a structured way to protect and allocate funds to children over time rather than giving them access to a large inheritance at once. The Trustee, appointed by you, will manage the assets according to your instructions, covering expenses such as education, healthcare, and general support. Testamentary Trusts offer parents peace of mind, knowing their assets will be used responsibly to support their children's well-being and future, even if they are not personally there to do so.

If you have questions about Wills and Trusts, give us a call at 253.858.5434 to set up an appointment today. We proudly represent clients throughout Washington and Idaho and are available to meet in person, by phone, or via video conference.