What is a standby trust?

A standby trust is created during the lifetime, and then the property in the trust is transferred upon death according to the will. The creator of a standby trust may select a particular mix of stocks, commodities, and real property for the trust. The standby trust manager takes charge during an extended vacation, illness, or any time when the owner cannot manage the trust. For more information about a standby trust, enter your ZIP code into the tool below.

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UPDATED: Jul 15, 2021

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