Alligator is a genus in the order Crocodilia. There are two living species: the American alligator and the smaller Chinese alligator. Together with the caimans, the gharials, and the crocodiles, they make up the order Crocodilia. The first alligators existed about 37 million years ago.
Or, a Trust is established to benefit the individual who creates the Trust (the Trustor), generally for purposes of avoiding the probate process upon death. The person who benefits from the Trust is called the beneficiary. When a beneficiary passes away, the Trust document will set forth what happens next.
Unlike a living trust, a testamentary trust doesn't exist until you die. You provide for it in your will, stating in that document what you want the trust to do, naming its beneficiaries, and selecting a trustee. When your will is probated, your executor creates the trust as part of the process.rrevocability. At the time of your death, your testamentary trust becomes irrevocable because you can no longer change the terms of your will. By definition, an irrevocable trust can't be terminated or dissolved.