Financial Glossary

Here you’ll find clear and concise explanations of key financial terms and concepts. Our goal is to help you better understand essential topics across the financial world.

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Featured
Withholding
Will

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Featured
Yield Curve
Yield

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Zero-Coupon Bond

0-9

August Jepsen August Jepsen

Testamentary Trust

A testamentary trust is a trust created as part of your will that only becomes active after your death and the completion of probate. It directs how assets are managed and distributed to beneficiaries, often children or those needing oversight, with a trustee managing funds and following instructions for distribution timing and conditions.

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