Trust Types in Minnesota are Endless
Trust types in Minnesota are nearly endless. The first question to ask when picking a type of trust is to clarify the intended purpose.
The trust purpose is dependent on needs, the property being transferred, and the beneficiary. Before going to far into the different types of trust documents, it makes sense defining what having a trust means.
Trust Types for Every Estate
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100 Trust Types
Here is list of various trust types to consider:
- Accumulation Trust
- Active Trust
- Alimony Trust
- Animal Trust
- Annuity Trust
- Asset Protection Trust
- Bank Account Trust
- Bitcoin Trust
- Blended Trust
- Blind Trust
- Bond Trust
- Business Trust
- Bypass Trust
- Charitable Remainder Annuity Trust
- Charitable Remainder Trust
- Charitable Trust
- Claflin Trust
- Clifford Trust
- Common Law Trust
- Community Trust
- Complete Voluntary Trust
- Complex Trust
- Constructive Trust
- Contingent Trust
- Credit Shelter Trust
- Custodial Trust
- Destructible Trust
- Directory Trust
- Direct Trust
- Discretionary Trust
- Donative Trust
- Dry Trust
- Educational Trust
- Equipment Trust
- Equipment Trust
- Estate Trust
- Ex Delicto Trust
- Executed Trust
- Executory Trust
- Express Active Trust
- Express Private Passive Trust
- Express Trust
- Fixed Trust
- Foreign Situs Trust
- Foreign Trust
- Generation Skipping Trust
- Governmental Trust
- Grantor Trust
- Gun Trust
- Honorary Trust
- Illusory Trust
- Imperfect Trust
- Imperfect Trust
- Implied Trust
- Indestructible Trust
- Insurance Trust
- Inter Vivos Trust
- Investment Trust
- Involuntary Trust
- Irrevocable Trust
- Land Trust
- Life Insurance Trust
- Limited Trust
- Liquidating Trust
- Living Trust
- Marital Deduction Trust
- Medicaid Qualifying Trust
- Ministerial Trust
- Minnesota Trust
- Mixed Trust
- Naked Land Trust
- Nominal Trust
- Nominee Trust
- Nondiscretionary Trust
- Oral Trust
- Passive Trust
- Pension Trust
- Perpetual Trust
- Personal Trust
- Pot Trust
- Pour Over Trust
- Power of Appointment Trust
- Precatory Trust
- Presumption Trust
- Private Trust
- Protective Trust
- Public Trust
- Purchase Money Resulting Trust
- Qualified Terminable Interest Trust
- Real Estate Investment Trust
- Reciprocal Trust
- Remedial Trust
- Resulting Trust
- Retirement Benefits Trust
- Revocable Trust
- Pot Trust
- Savings Account Trust
- Secret Trust
- Self-Setttled Trust
- Shifting Trust
- Short Term Trust
- Special Trust
- Spendthrift Trust
- Split Interest Trust
- Sprinkling Trust
- Support Trust
- Tentative Trust
- Testamentary Trust
- Totten Trust
- Transgressive Trust
- Unit Investment Trust
- Unitrust
- Vertical Trust
- Veterans Trust
- Voluntary Trust
- Voting Trust
- Wasting Trust
When or if you decide to meet with a lawyer, their role is to help a person find a trust type that aligns with the Grantor’s goals, while addressing many issues likely never considered.