What is the Difference between a Testamentary Trust and a Living Trust?

Posted by Sheri Jo Tucker, M.S., J.D.Jul 20, 20260 Comments

When creating an estate plan in Missouri, choosing between a testamentary trust and a living trust can significantly impact probate, privacy, court involvement, incapacity planning, and asset protection. This guide explains the key differences between these two trust structures, including how they are created, funded, administered, and treated by Missouri courts. Learn the advantages and disadvantages of each option and discover which trust may best fit your family's estate planning goals.