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Month: February 2021

Contingent Trust

Contingent Trustee

A contingent trust is a trust that can only be created or funded if certain conditions exist when the testator dies. This means that a contingent trust is a trust that has not come into existence but will come into existence in the future when a particular event occurs. Most of the time these trusts are created by the terms of a grantor’s Will. An experienced Texas estate planning lawyer can give you more information about these trusts and help you create them.