You may be able to use a power of adjustment or go to court for permission to move the trust to a TRU-friendly state.

FORBES: New Cash From Old Trusts

TRUs and "power of adjustment" trusts share another advantage: The income beneficiary can get more of his payout in the form of capital gains, taxed at a maximum 20% rate.

FORBES: New Cash From Old Trusts

Even if a person is fortunate enough to have a pension, many pension plans do not have a Cost of Living Adjustment (COLA) provision, so purchasing power goes down each year.

FORBES: Will You Have Enough to Retire?