Purpose Trusts
A purpose trust is one that is valid even though it may not have an individual as one of its beneficiaries. Purpose trusts are often used for the care of pets, the preservation of collections, such as antique cars or trains, and the preservation and maintenance of a family compound. Delaware provides the same protection to a trustor of a noncharitable purpose trust that it gives to the trustee of a charitable trust, providing standing to the trustor and the trustor's designee to enforce the purposes of the trust.