Professional management of trust assets can relieve trust beneficiaries of that burden. You can use certain types of trusts to avoid probate costs and escape the reach of creditors. Despite their advantages, trusts aren't needed in many estates. Living trusts, for example, are widely hyped and oversold, and, in many instances, provide little or no value for the average estate. For example, although they can avoid probate, living trusts don't avoid estate taxes.
Trusts can be expensive to establish and manage.
Trustees have to be chosen carefully, especially if they are relatives or close friends who may not be financial experts. Trust assets can be mismanaged or intentionally abused. In many cases, you're giving up permanent control of assets. Your CFP professional and attorney can advise you if a particular type of trust would benefit your estate. I have a small Estate.