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Testamentary trust example ing to the trust terms you laid out, after your death, your best friend will manage the trust funds and make decisions in your child's best interest until they reach the age of 25. At that point, the trust will terminate, and your child will receive the money.
KS Form 725, which may also referred to as Letters Testamentary Issued Under The Kansas Simplified Estates Act, is a probate form in Kansas. It is used by executors, personal representatives, trustees, guardians & other related parties during the probate & estate settlement process.
Once you're appointed as executor of an estate, you can take the next steps to get a letter of testamentary. To do that, you'll need to file a request with a probate court and provide certain documents, including: A copy of the will if the deceased person had one. A copy of the death certificate.
A Letter of Testamentary?sometimes called a "Letter of Administration" or "Letter of Representation"?is a document granted by a local court. The document simply states that you are the legal executor for a particular estate and that you have the ability to act as such.