WHAT ARE THE DIFFERENT KINDS OF TRUSTS?
- Because trusts can be designed to fulfil the many different objectives and needs of the settlor, there are many different kinds of trusts. For the international investor the most important trusts are the revocable trust, the discretionary trust and the interest in possession trust.
- Other types of trusts include charitable trusts, purpose trusts, accumulation and maintenance trusts and grantor trusts.
