A trust is an arrangement in which one party is able to give another party, the trustee, the right to hold title to a property or assets for the benefit of a third party, also known as the beneficiary. There are many types of trusts: revocable trusts, irrevocable trusts, charitable remainder trusts, testamentary trusts, supplemental needs trusts and even cabin trusts for your family’s vacation home. The attorneys at Blethen Berens help their clients understand the available trusts and determine whether a trust is right for them, and if so, what kind.
