3. The World Series has only been canceled twice. Since 1903, only two years have gone by without a World Series. Interestingly enough, neither of these years came during World War II, during which the best players from many teams fought overseas.
This type of Trust is not activated until after your death. After the assets that you have identified for the Trust go through probate they are held in the Trust for your Beneficiaries. You can revoke or change a Testamentary Trust while you are alive.
I'm looking at a situation where a client had a Revocable Living Trust during their lifetime. (The following dates are fictitious - the facts are not. ) The individual died on June 1, 2011 and a Testamentary trust came into existence (as called for in their will). When the lawyer applied for the Federal ID number for the Testamentary trust, he named it The John Doe Trust of August 5, 2011.. I'm not sure why he chose the date (I've asked but haven't yet received an answer) - I suspect that was when the executor qualified. The Form 1041 asked for the Date Entity Created.