The best replacement for testamentary trust is living trust.

The best alternatives to testamentary trust are rated as following:
★★★★★  living trust
★★  inter vivos trust
★  pour over will
★  family trust
★  irrevocable trust
★  non testamentary trust
★  revocable trust
  deceased estate
  irrevocable
  revocable living trust
  inter vivos

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