Heritage Elder Law and Estate Planning offers appointments in-person at one of our six offices, virtually or over-the-phone for the convenience of our clients.

Call our office or click the button below to schedule an appointment with one of our attorneys.

Heritage Tree LogoWhat Types of Trusts Can Be Created in Pennsylvania?

hands signing documents

There are many important components in an estate plan. Trusts are one of the most significant. If you would like to learn more about the different types of trusts in Pennsylvania, keep reading and speak with our experienced estate planning attorneys to learn more.

What is a trust in Pennsylvania?

A trust is an agreement that allows a person to select a trustee and authorize the trustee to take care of their assets until the beneficiary inherits them. It is imperative to understand the different title names involved in a trust. First, the individual who creates a trust is known as a trustor. The person who inherits the assets within the trust is known as a beneficiary. A third party’s purpose is to maintain the trust on behalf of the beneficiary.

What are the different types of trusts?

Every family has unique circumstances, which is why there are various types of trusts in Pennsylvania. Some of the most commonly used trusts in Pennsylvania include the following:

Revocable Trust: This type of trust is one of the most common because it is able to be modified, changed, or terminated at any moment without the need for the beneficiary’s consent.
Irrevocable Trust: Here, the trustor is required to give up their rights and any access to the trust at the time that it is produced. This suggests that they cannot change or terminate it at any point.
Irrevocable Life Insurance Trust: With this kind of trust, a trustor is able to remove their life insurance from the estate plan so that their beneficiaries are free from any taxes that are put on it.
Charitable Trust: There are two kinds of charitable trusts. A charitable trust allows an individual’s choice of charity to profit from the financial gift for a specific period of time. When the period ends, the remaining assets may go to other beneficiaries. A charitable remainder trust permits charities to get the assets in a trust at the end of its term. Until then, the donor sustains interest in the gift.
Special Needs Trust: This applies to when a loved one with a disability is chosen by a trustor to make sure they receive the financial support they need throughout their life.

If you have any questions about the different types of trusts and what might be best for you and your future, do not hesitate to reach out to our experienced Pennsylvania firm.


Whether you are dealing with matters involving estate planning, estate administration, or elder law, you need a legal team that you can feel confident will represent your best interests, every step of the way. We are that legal team. Contact Heritage Elder Law & Estate Planning today so we can get started.

Estate Planning & Probate

Whether you’re looking to secure your family’s future, protect a loved one’s assets or provide a loved one with the financial assistance he or she needs to afford long-term care, we are committed to serving your needs. We consistently offer creative and effective solutions to your most complex and sensitive estate planning needs and help your wishes come to fruition through our probate service.

Learn More

Elder Law, Medicaid Planning & Asset Protection

Everybody’s life is full of both expected and unexpected challenges. With our experience with elder law issues, we can help you enjoy the later years and retain full control over decisions that directly impact you. The attorneys at Heritage Elder Law & Estate Planning view every challenge as an opportunity. We can help you or your loved one today.

Read Our Recent Blog Posts