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There are many different kind of trusts used for many different reasons. The following are 10 common types of trusts that individuals, couples, and families use to keep what they have "in the family" and protect the estate from outside sources:

1. Revocable Living Trust
2. Trust for Minors
3. Medicaid Trust
4. Special Needs Trust
5. Testamentary Trust
6. Spousal Trust
7. Irrevocable Life Insurance Trust
8. Charitable Trust
9. Asset Protection Trust
10. Crummey Trust

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This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship.

Paul Rabalais
Estate Planning Attorney