The benefits derived from the use of a Living Trust include the potential decrease in administration costs after death by avoidance of probate on the assets of the Trust, potential avoidance of the appointment and expense of a Guardian of the property after a Court determination of Incapacity, potential retention of assets in Trust delaying distributions until time and conditions chosen by the Settlor and generally a succession of Trustee without Court intervention. Upon your passing, the Trustee may and can be directed to pay any claims made against your Probate Estate or taxes owed either at the time of your death or Estate Taxes arising therefrom. In addition, your assets may be distributed without Court intervention after providing sufficient reserves to pay any claims or taxes for which the Trust would be obligated to pay.