United Tribes University · Reference
Trust Directory

Every kind of trust, in one place.

A working reference for the Trust Administration course — covering estate trusts, tribal trust lands and funds, and the modern digital Trust & Safety stack. Tap any card for the lesson where it's taught in depth.

Pillar A

Estate / Fiduciary

21 entries

Revocable Living Trust

A
Private Estate

Settlor retains control during life; avoids probate at death. Tax-invisible while settlor lives.

Watch out for

Useless if not funded — assets must be retitled into the trustee's name during life.

Where this is taught →

Irrevocable Trust

A
Private Estate

Locks assets out of the settlor's estate; common for tax planning and asset protection.

Watch out for

'Irrevocable' is less absolute than it sounds — decanting and non-judicial settlement can modify.

Where this is taught →

Testamentary Trust

A
Private Estate

Created inside a will; only effective at death and goes through probate first.

Watch out for

Loses the probate-avoidance advantage of a living trust.

Where this is taught →

Marital / QTIP Trust

A
Private Estate

Moves wealth between spouses with tax precision; QTIP preserves marital deduction.

Watch out for

QTIP election must be made on the estate tax return — easy to miss.

Where this is taught →

Credit Shelter (Bypass) Trust

A
Private Estate

Uses the estate tax exemption on the first death to shelter assets from the second estate.

Watch out for

Portability has reduced — but not eliminated — its planning role.

Where this is taught →

Spendthrift Trust

A
Private Estate

Shields beneficiary distributions from creditors and from the beneficiary's own poor decisions.

Watch out for

Some creditors (child support, certain tort victims) can pierce spendthrift protection.

Where this is taught →

Special Needs (Supplemental) Trust

A
Private Estate

Preserves a disabled beneficiary's eligibility for public benefits while supplementing quality of life.

Watch out for

Direct distributions for food and shelter may reduce SSI — language matters.

Where this is taught →

Asset Protection Trust (DAPT / Offshore)

A
Private Estate

Designed to be difficult for creditors to reach; domestic versions exist in select states; offshore versions in select jurisdictions.

Watch out for

Fraudulent transfer law and bankruptcy law can override planning if motive is suspect.

Where this is taught →

Dynasty Trust

A
Private Estate

Multi-generational; perpetual where state law allows; designed to avoid transfer tax across generations.

Watch out for

Rule against perpetuities matters — confirm your state's statute.

Where this is taught →

Charitable Remainder Trust (CRT)

A
Charitable

Pays an income stream to a non-charitable beneficiary with the remainder going to charity.

Watch out for

Strict statutory percentages — get the math wrong and the IRS disqualifies the trust.

Where this is taught →

Charitable Lead Trust (CLT)

A
Charitable

Pays charity first for a term, remainder to family — useful when asset appreciation is expected.

Watch out for

Grantor vs. non-grantor structure has very different income tax consequences.

Where this is taught →

Grantor Retained Annuity Trust (GRAT)

A
Tax-Advantaged

Tax-advantaged transfer of expected appreciation to remainder beneficiaries.

Watch out for

Mortality risk — if the grantor dies during the term, the assets snap back into the estate.

Where this is taught →

Intentionally Defective Grantor Trust (IDGT)

A
Tax-Advantaged

Uses intentional mismatches between income-tax and transfer-tax rules to compound wealth outside the estate.

Watch out for

Reciprocal trust doctrine and step-transaction risk if siblings cross-fund.

Where this is taught →

Qualified Personal Residence Trust (QPRT)

A
Tax-Advantaged

Transfers a personal residence at reduced gift-tax cost while the grantor retains use for a term.

Watch out for

After the term, grantor must pay fair-market rent — many families forget.

Where this is taught →

Pet Trust

A
Private Estate

Yes, really — provides for an animal beneficiary; allowed by statute in most US states.

Watch out for

Funding amount must be reasonable; courts can reduce excessive endowments.

Where this is taught →

Pour-Over Trust (with Will)

A
Private Estate

Pairs with a will so residual probate assets pour into the living trust at death.

Watch out for

Probate is still required for the pour-over portion — true probate avoidance requires full life-time funding.

Where this is taught →

Constructive Trust

A
Court-Imposed

A court-imposed equitable remedy — not a planned structure; arises to prevent unjust enrichment.

Watch out for

Cannot be drafted in advance; only pursued in litigation.

Where this is taught →

Resulting Trust

A
Court-Imposed

Implied by law when an express trust fails or property is mistakenly transferred.

Watch out for

Often invoked in conjunction with constructive trust theories — facts matter.

Where this is taught →

Pension / ERISA Trust

A
Statutory Private

ERISA-governed retirement plans operate as trusts with named fiduciaries — fiduciary law on steroids.

Watch out for

ERISA preemption controls — state trust law often does not apply.

Where this is taught →

Business / Massachusetts Trust

A
Statutory Private

Operates as a business entity in some states; common historical form for real-estate and investment pools.

Watch out for

Tax classification depends on facts — could be partnership, corporation, or trust for federal tax.

Where this is taught →

Real Estate Investment Trust (REIT)

A
Statutory Private

Securitised real estate vehicle that, if qualified, passes income through with favourable tax treatment.

Watch out for

Strict income, asset, and distribution tests — fall below 90% distribution and the REIT election fails.

Where this is taught →
Pillar B

Indigenous / Tribal

5 entries

Tribal Trust Land

B
Tribal / Federal

Held by the United States for a tribe as a government; cannot be alienated without federal approval.

Watch out for

Acquisitions through fee-to-trust face complex 25 CFR Part 151 review.

Where this is taught →

Allotment / Individual Trust Land

B
Tribal / Federal

Held by the United States for individual Indians as a legacy of the Dawes-era allotments; subject to AIPRA probate.

Watch out for

Fractionation makes use and lease decisions practically impossible without consolidation.

Where this is taught →

Individual Indian Money (IIM) Account

B
Tribal / Federal

Federally administered accounts holding income from individual trust lands (leases, royalties).

Watch out for

Cobell Settlement scope did not retroactively fix all historical accounting errors — verify with BTFA.

Where this is taught →

Tribal Settlement / Judgement Trust

B
Tribal / Federal

Established under treaties, settlements, or claims awards to hold funds for tribal beneficiaries.

Watch out for

Distribution plans require Secretarial approval and tribal council coordination.

Where this is taught →

Public Trust (Public Trust Doctrine)

B
Statutory Public

Statutory and common-law doctrine — navigable waters, shorelines, and certain natural resources are held in trust for the public.

Watch out for

State-by-state variation — California, Hawaii, and others have particularly strong doctrines.

Where this is taught →
Pillar C

Digital Trust & Safety

3 entries

Digital Asset Trust

C
Digital

Modern instruments holding crypto, private keys, NFT collections — the fiduciary problem of irreversible bearer assets.

Watch out for

Key custody is the entire game — lose the key, lose the corpus.

Where this is taught →

Data Stewardship Trust

C
Digital

Emerging legal vehicle that holds data on behalf of a community — proposed for genomic data, sensor networks, civic data.

Watch out for

Legal regime is still nascent — many proposals, fewer enforced precedents.

Where this is taught →

Platform Trust & Safety Charter

C
Digital

Not a legal trust, but the public charter under which a platform commits to keep users safe — increasingly mandated by regulation.

Watch out for

Charter without operational follow-through is a regulatory and reputational liability.

Where this is taught →
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