If you are currently thinking about your estate plan, you may be wondering about trusts. It can be difficult to know what you need to do and how to go about it. Did you know that there are different types of trusts? So you also need to think about which ones are important to you and your situation. If that seems like too much handle on top of your other questions, don’t worry.
In this video, you will learn about 10 different types of trusts so that you can be informed as you continue along with your estate planning.
Some of the trusts that this video will cover include revocable living trust, trust for minors, Medicaid trust, and special needs trust. These are not official names of these types of trusts, but rather what they involve. You will get a rundown on these and more so that you will learn everything you need to know. Remember, all trusts fall into specific categories, and so these types should be treated as ideas or guides for you.