In this episode of the "Where There's a Will, There's a Way" podcast from Coulter Legal, host Stefan and Kayla Kennedy, an associate in the wills and estates team, delve into the intricacies of testamentary trusts. They discuss the benefits and complexities of incorporating trusts into wills, including asset protection, tax advantages, and the flexibility in managing estate assets for beneficiaries. The conversation explores the roles of trustees, appointors, and beneficiaries, and the impact of these trusts on estate planning. They also consider potential downsides, such as costs and disputes, providing a comprehensive view of testamentary trusts in estate planning.