6 Reasons You Should Put Your Assets in a Trust
Why You Should Consider Putting Your Assets in a Trust
Protecting Your Legacy, Simplifying the Future
Planning for the future isn’t always easy, but one of the most important decisions you can make is how your assets will be handled after you’re gone. Establishing a trust is a powerful tool that gives you control, clarity, and peace of mind—while sparing your loved ones unnecessary stress during an already difficult time.
At Legacy Trusts and Probate, we’ve worked with countless families navigating the challenges of probate, and one thing is clear: a trust can make all the difference.
What Is a Trust?
A trust is a legal arrangement where you (the grantor) transfer ownership of your assets—like a home, investments, or bank accounts—to a trustee, who manages those assets on behalf of your chosen beneficiaries.
Unlike a will, a trust can take effect during your lifetime and provides more flexibility, privacy, and protection.
Why Having a Trust Is So Important
1. Avoid Probate
Probate is the court process of validating a will and distributing assets. It can take months (or even years) and rack up significant legal fees.
With a trust:
Your assets bypass probate
Your loved ones gain access more quickly
You avoid costly court proceedings
Time saved. Money saved. Stress avoided.
2. Ensure Privacy
Probate is a public process. Wills, asset information, and family details can become part of the public record.
A trust keeps your estate matters private and confidential, shielding your family from public scrutiny or unwanted attention.
3. Protect Beneficiaries
Whether you’re leaving assets to minor children, a loved one with special needs, or someone who may not be financially responsible, a trust allows you to:
Control how and when assets are distributed
Protect against creditors or lawsuits
Provide long-term financial security
4. Plan for Incapacity
A trust isn’t just for when you pass away—it can also protect you during your lifetime.
If you become ill or incapacitated, your successor trustee can step in to manage your affairs without court intervention, ensuring your bills are paid, your home is maintained, and your affairs are handled seamlessly.
5. Avoid Family Disputes
A well-structured trust makes your wishes clear and legally binding, reducing the chance of:
Misunderstandings
Legal battles among heirs
Emotional strain on your loved ones
Clear instructions reduce conflict and preserve relationships.
6. Save on Taxes and Expenses
Certain types of trusts can help reduce estate taxes, protect real estate, and preserve wealth for future generations.
This is especially helpful for families with:
Multiple properties
Business interests
High-value assets
Let Legacy Trusts and Probate Be Your Guide
We understand the importance of protecting your legacy—and we’ve seen firsthand how a trust can save families from heartache, expense, and delay. Whether you’re creating a trust for the first time or navigating the sale of a home already in one, our team is here to help with knowledge, empathy, and professionalism.
Let’s Talk About Your Options
We can connect you with a trusted estate planning attorney and help you understand how a trust fits into your long-term goals.
