Will and Trusts Law
What benefits does a trust offer?
Trust can offer numerous benefits, depending upon how the trust is drafted and the intentions of the person creating the trust. This is why proper and competent legal counsel should be employed to create such a trust. Some of the more common benefits of a trust are the usefulness in organizing your affairs, providing privacy, keeping assets out of probate administration, smoothing the transition of control to the next generation, and passing along goals and values.