Types of Trust

Below are our 10 articles in the 'types of trust' category:

Differences Between Implied and Express Trusts
There are a number of different methods by which trusts can be categorised. As has been shown in articles elsewhere on this site, one of the key distinctions to be made between different types of ...
Differences Between Revocable and Irrevocable Trusts
It can sometimes appear difficult to differentiate between different types of trust. In some cases, different trust types share many of the same characteristics. However, one of the key distinctions ...
Incentive Trusts - Encouraging Responsibility
It is perfectly natural for parents to wish to provide financially for their children where they possibly can. There are a number of methods by which this can be achieved, each of which has its own ...
Other Types of Trust - Fixed, Discretionary and Hybrid Trusts
While there are a large number of trust types available to potential settlors under English law, perhaps understandably a small group tend to be used more frequently than others. This is clearly ...
What are Accumulation and Maintenance and Mixed Trusts?
Prior to 2006, accumulation and maintenance trusts were very popular. This particular type of trust was most commonly used by grandparents who wished to provide financial support to their ...
What is a Bare Trust?
There are a number of different types of trust, and this variety can be overwhelming. Many people have been told that the establishment of a trust is the best option for them; however, deciding on ...
When is a Trust Constructive?
As is demonstrated throughout this site, there is a startling variety of types of trust. Bare trusts, for example, are distinct from accumulation and maintenance trusts or interest in possession ...
When is a Trust Public or Private?
There are a number of categories into which different types of trust fall. One of the most important distinctions is between express and implied trusts, as explained in another article elsewhere on ...
When Would I Use a Discretionary Trust?
Discretionary trusts are one of the most potentially useful trust arrangements. Their attractiveness lies in their flexibility; the settlor has significant freedom in setting the terms of the trust. ...
When Would I Use an Interest in Possession Trust?
Interest in possession trusts are a potentially useful way of providing a safe income for dependants of the settlor, while ensuring that some assets are saved in order to be passed on at a later ...

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