A contractual business entity cast in the form of a trust. Used "in conjunction with" or "in place of" sole proprietorships, corporations, partnerships, joint ventures, etc. with a 3rd party independent trustee.

Protects minor children while still qualifying for maximum gift tax benefits.

Allows a beneficiary to demand a non-accumulative distribution of $5000 or 5% of the trust assets each year in addition to any others rights to income, interest, dividends, etc.

Utilized to pay alimony to your ex-spouse insuring that the ex-spouse pays all income taxes that arise from the trust; not the creator of the trust.

Usually a foreign trust created to protect assets. Also see 1041.

This is a charitable lead trust where the payment is based on an annuity.

You give $$$ or property to the trust, the charity(ies) receive annuity payments, and your designated beneficiary(ies) get all the principal when the trust ends.

This is a charitable lead trust where the payment is based on a unitrust payment.

A trust for the spouse’s benefit which upon their death is paid to a charity.

A charitable remainder trust that makes payments to you based on annuity payments (a fixed percentage of the initial value of the funding assets).

This trust is funded with unencumbered but highly appreciated assets such as real estate, stocks, etc. The trustee sells the assets devoid of capital gains taxes. You & your spouse receive annual income and upon death of the principal(s); the charity receives the remainder of the principal, if any exists. Meanwhile, you get the charitable tax contribution based on the present value of the charity’s future interest.

This is a charitable remainder trust that makes payments to you based on a fixed percentage of the assets (usually easily valued) owned by the trust each year.

Sometimes called a Minor’s Trust . . . is for children, grandchildren, or other minors is designed to qualify for the $10,000 annual exclusion.

This provision is usually coupled with a Crummey trust to allow the same annual exclusions be afforded even to a grantors’ grandchildren.

Is allowed to accumulate income and not distribute it annually. See Simple.

This trust is more commonly referred to as the "A" trust; Bypass Trust; Unified Credit Trust, etc. is used to double the lifetime exclusion for married couples.

This trust contains unique provisions that allow you to make completed gifts for your children that qualify for the annual exclusion amount that can be taken or refused.

A trust formed in a foreign county for legal or tax benefits.

Used to transfer the $1 million GST tax exemption to the grantor’s grandchildren. It minimized the impact of extremely costly generation skipping tax transfers.

Grandparents establish this trust to provide for the education of their grandchildren.

A gift made now, for which the grantor keeps receiving the income each year based on annuity payments, for any number of years the grantor desires.

In this arrangement, the grantor retains an interest (e.g., the right to all income) for a specified period of time. The principal is then given to the beneficiaries.

For a gift made now, the grantor keeps getting annual income based on the fair market value of the property, for a specified period of time.

This trust is used to keep large insurance policy proceeds out of your estate. It also protects valuable insurance proceeds from creditors.

This is the stock, standard, "A", "A-B", or "A-B-C" family trust setup.

Allows you to use pension or IRA assets to fund a credit shelter trust to utilize your unified credit amount.

Permits you to fund a Q-TIP (marital) trust with pensions or IRAs.

A trust that cannot be altered, amended, or changed by the creator.

A real estate holding trust unique to the State of Massachusetts.

Keeps your, or your special child’s, assets safe from nursing home/Medicaid claims.

Sets up separate trust for each child. Keeps their assets safe from creditors.

Sets up separate trust for each child. Keeps their assets safe from creditors.

Used to remove your primary/vacation home from your estate at a reduced tax rate.

You can contribute property and in exchange participate in the investment pool managed by the charity for the term of the trust.

This is a single trust set up for all your children beneficiaries to be distributed based on the need of each child.

Obtains maximum gift or estate tax savings by qualifying a gift or bequest to your spouse who is not a US citizen.

A trust used to remove the value of your primary/vacation home from your estate at a discounted gift tax rate.

A special trust utilized to hold "S" corporation stock without jeopardizing "S" corporation tax benefits.

Commonly referred to as the "C" trust; it has many uses (e.g., excesses above the first to die grantor’s lifetime exception is placed inside it for federal tax deferment).

This trust is used to provide a degree of asset protection for compensation benefits.

Just the opposite of an irrevocable trust.

Allows a spouse the least amount of assets allowed by law with the most control over where those assets will be distributed upon death.

Gives protection to the assets and provides for a child/beneficiary with special needs.

A simple provision that prohibits assets from a beneficiary’s creditors.

Used with flexibility for the trustee to distribute income and assets to beneficiaries.

A type of grantor retained or charitable remainder trust.

Provides control of stock in closely held or family businesses to assure management and operations as you determine best.

A trust for grandchildren which are planned for GST exemption.