Understanding the 3 primary types of trusts

01-Sep-2015 #Globalwealth Source: Desmoines register

There are a number of different types of trusts and one of the biggest challenges is knowing how each type differs, what goals a particular trust can help you accomplish and whether you even need a trust in your estate plan. The article looks into three primary classes of trusts – revocable trusts, irrevocable trusts and testamentary trusts.

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