Tutorials

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The Grantor Trust April 13, 2006 Of the many common types of trusts, the grantor trust is popular for its simplicity.

The Totten Trust April 13, 2006 A very simple form of a revocable grantor trust used to avoid probate court is called a Totten trust. Most banks have a simple form that a depositor can use ...

The Bypass or Credit Shelter Trust April 13, 2006 Of the common types of trusts, a popular form is called the bypass trust, also known as a credit shelter trust. It is used to eliminate or reduce federal ...

The Marital Deduction or QTIP Trust April 13, 2006 Of the many common types of trusts, the marital deduction or QTIP trust is only used for certain situations. This type of trust is designed not to avoid ...

The Irrevocable Living Children's Trust April 13, 2006 There are many kinds of trusts available, each designed for different asset protection purposes. This type of trust ...

The Irrevocable Life Insurance Trust April 13, 2006 Of the various types of trusts, this one is concerned with wealth generated after death. Ordinarily, the face value of life insurance is included in the ...