There are many different types of California trusts, including:
Revocable Living Trust—Cost common type of living trust. Assets can be freely transferred. Can be altered or revoked as you choose.
Irrevocable Living Trust—Moves assets from your control and name into a beneficiary’s name. Cannot be modified or terminated without permission from the named beneficiary or by order of the court.
Special Needs Trust
Medicaid Asset Protection Trust
Irrevocable Life Insurance Trust
Family LLP Trust
Charitable Trust
QPRT Trust
SLAT Trust