The Growing Popularity of Directed Trusts
Directed and delegated trusts are common types of irrevocable trusts. Historically, the delegated trust model has been favored; however, over time we have observed the directed trust model is gaining popularity. The directed trust model provides families with greater flexibility, control, and protection in the drafting and administration of modern trusts. While both trust models can provide the right structure for transferring assets to future generations, they each have different consequences.