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Grantor retained annuity trust (GRAT): Permits the grantor to put selected assets into A short lived trust account and freeze its price, getting rid of additional appreciation within the estate and providing it to heirs with minimal estate or reward tax liability.
Particular demands trust: This trust is designed for a dependent who gets authorities Positive aspects, which include Social Security disability Added benefits. Setting up the trust enables the person that has a incapacity to acquire money with out impacting or forfeiting the government payments.
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Capable terminable interest home (QTIP) trust: When the initial wife or husband dies, the belongings in the trust account help the surviving partner; once the surviving partner dies, the remaining property go only to the main husband or wife’s decided on beneficiaries.
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