Trusts are very popular estate planning tools.
They are being used more and more often because they can help people achieve a variety of goals. Many different types of trusts exist, and each is designed for a specific purpose. Whether a trust makes sense for you depends on your goals and circumstances, as well as many other factors. The following discussion provides a brief overview of trusts, including their main advantages and disadvantages. However, because of the complexity of the issues involved, you should hire an experienced attorney to advise you.