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Jump to: Related Trusts Topics | Find A Lawyer |
 Trust BasicsTrusts are legal entities that hold property for another and are often used in the estate planning process. This section explains the basics of trusts, their relationship to wills and answers frequently asked questions such as who should have a trust, how much it costs to create a trust and defines key terms such as grantors, settlers, creators, trustees and beneficiaries.
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| Types Of TrustsThere are many different types of trusts that can be created to fit your particular needs. This section defines the different types of trusts such as asset protection, charitable, constructive, living, inter-vivos and many more and provides information on how foreign trusts and off-shore entities are often used in conjunction with trusts as part of the estate planning process.
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| Setting Up TrustsSetting up a trust involves a great deal of thought – not only concerning what the trust will encompass, but who will act as a trustee on your behalf. This section explains the process of setting up a trust, how to select trustees and successor trustees, how to set up trusts for children and grandchildren and discusses what terms and conditions are generally included in a trust agreement or declaration of trust.
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| Trusts As Estate Planning ToolsTrusts are very popular and commonly used as estate planning tools by millions of Americans. This section explains the functions of trusts, how trusts can lower your federal estate tax liability and provides the federal exemption amounts through the year 2011. It also describes the various types of conservatorships and how each can be used in conjunction with trusts as an estate planning tool.
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| ConservatorsConservators are appointed responsibility for the assets and finances of others who can no longer handle their own affairs – provided that other arrangements have not been made. This section explains when and how conservatorships are granted and provides information on how estate planning, various types of powers of attorney, trusts, wills and family limited partnerships affect conservatorships.
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| Living WillsA living will informs others of the kind of medical treatment you wish to receive, or not to receive, when you cannot speak for yourself. This section explains living wills, provides information on the differences between living wills, living trusts and durable powers of attorney as well as answers frequently asked questions regarding how living wills are used in emergency situations.
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