You can use a lot of different types of trusts when doing your estate planning. For instance, if you have an heir with special needs, you may consider a special needs trust to give them financial help without making it so they can't get government assistance. If you have an heir who is under 18, you may consider an age-based trust so that they do not get the money until they are old enough to handle it.
As you consider all of your options, one thing you want to think about is an incentive trust. Here's what it is, how it works and why it can help.