Keep reading to learn all about testamentary trusts, how to set one up and why some experts say they have fallen out of favor. Trusts are created to hold assets, and money in a trust is managed ...

She says: “The trust has been in place for more than 10 years and it was set up to give my parents a level of control. I was in my mid-20s and not as careful with money. “The money inside is ...