The Wealthy have used trusts to avoid taxes for almost one thousand years. Trusts started in the United Kingdom during the Great Crusades. Over the last ten centuries, trust law has evolved. In the U.S., each state has its own set of trust laws. Every trust is uniquely drafted to fit the needs of you and your family.
The most popular types in America are:
Spendthrift Trust Irrevocable Trusts
Spendthrift Trust Asset Protection Irrevocable Trust
Constructive Trust- usually not planned
Special Needs Trust for disabled family members
Tax By-Pass Trust (used by Americans only)