An irrevocable trust is a trust that cannot be modified or terminated by the grantor, according to WebFinance. There are two types of irrevocable trusts: the living irrevocable trust and the testamentary trust. More » Business & Finance Investing

Personal assets that can go into a revocable living trust include checking and savings accounts, brokerage accounts not for retirement, stocks and bonds, real estate, small business holdings, patents, copyrights, and rig... More » Business & Finance Financial Planning

A living revocable trust involves a transfer of ownership of property into a trust. This is done over the course of a person's lifetime, and is often done to ensure that beneficiaries are not given their inheritance in o... More » Business & Finance Financial Planning

To establish a trust, a grantor decides the terms, works with a trustee to establish the trust and transfers assets. A trustee may be an attorney, bank or other entity, states Investopedia. The transfer of assets is irre... More » Business & Finance Personal Banking Bank Accounts

An irrevocable living trust is a trust set up during the lifetime of the grantor that cannot be changed once it is set up, reports Nolo. Irrevocable living trusts are commonly set up to reduce or eliminate taxes or prote... More » Business & Finance Financial Planning

The special needs trust form includes names and addresses of the grantor and trustee, the trust property, and name of the beneficiary, states US Legal. The form also establishes the powers of the trustee. More » Business & Finance Financial Planning

A revocable living trust is created through the grantor's signature on a living trust document and the transfer of all property into the name of the trust, according to Nolo. The grantor is the individual for whom the tr... More » Business & Finance Financial Planning