With so many terms found in the laws and regulations, people often get confused with what’s the types of trusts available in estate law Maryland . We have explored and practised all the laws over the years to maintain a good level of expertise. Below, we bring you some types of trusts may be useful in future estate planning. Trusts for Minors As part of a formal estate plan, many people leave money in trust to their children or their grandchildren. Usually this is done in trust law Maryland to ensure that the money is available for the good of the children when they are younger-for welfare, schooling, medical expenses etc. Once the children reach a certain age or level of achievement (such as receiving a bachelor's degree), they will receive money from the trust as they wish to do with it. Special Needs Trusts Special needs trusts are mechanisms that allow a person to leave property to a special needs individual. Most people with special needs receive support fro