For your post this week you are to research the types of trusts which a startup entrepreneur might consider forming early in the development of their business to protect the disposition of assets. Choose one type of trust, evaluate the purpose of that type of trust and provide at least two examples of how an entrepreneur might use that type of trust in their estate plan.
Note: To receive any credit you must choose a trust type which no other classmate has already chosen and discussed in their forum. Therefore, the choice of a trust type is on a first-come first-served basis. The particular trust type that you choose to discuss does not have to specifically apply to your situation but should apply to a business owner in general.
