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The Benefits of Setting Up an Estate Trust

One of the primary benefits of establishing an estate trust is the ability to avoid probate, a legal process that can be time-consuming and costly. By placing assets in a trust, you can ensure a quicker distribution to your heirs without the need for court intervention. Additionally, trusts offer privacy, as they are not public records, unlike wills which become public documents once filed in probate court¹.

Trusts also provide control over how and when your assets are distributed. For example, you can set conditions for distribution, such as reaching a certain age or achieving specific milestones, ensuring that your beneficiaries receive their inheritance at the right time².