One of the main benefits of setting up a trust is that it provides privacy for the beneficiaries. Without a trust, the details of assets and beneficiaries of the estate would be revealed through the court system, which would make them public record. This would open up the possibility of cold calls and unsolicited offers from real estate investors, which can be very intrusive. Having a trust helps to keep things private and shielded from unwelcome attention.
A trust can also help protect your assets. The trustee of the trust can hold onto distributions, or have discretion over when to distribute them, which means that if any heirs, family members, or beneficiaries face divorce, bankruptcy, or creditor problems, the trustee can negotiate or possibly even avoid some debts of beneficiaries of the Trust. In sum, Trusts are integral in estate management and overall asset protection.