What are the advantages of using a trust to ensure your wishes are followed

One of the main benefits of a trust is the ability to avoid probate. Probate is the legal process of validating a will and distributing assets to beneficiaries. Mar 18, 2025 ... A Special Needs Trust (SNT) allows for a disabled person to maintain his or her eligibility for public assistance benefits. Trusts can be one of the most effective ways to protect assets. In simple terms, if you transfer property to a properly constituted trust, it will no longer ... The Board provides direct payment of the Health Care Benefits Plan and financial oversight of the Trust Fund by evaluating claim expenses and reserve amounts. When it comes to real estate, a trust can ensure that a home stays in the family or that a surviving spouse becomes the sole owner of the house, without the ... Trusts can be effective tools for assisting and making life easier for a surviving spouse. They can also be used as part of a strategy to reduce estate ... Mar 3, 2025 ... One of the primary benefits of a revocable trust is the ability to provide uninterrupted investment management should the grantor become ... Assets often placed in trust include income, accumulated resources, and real property. How Does a Trust Affect My Medicaid Benefits? As a general rule, if you ... In addition, and in general, estate tax laws often change.) What are the advantages of a revo- cable living trust compared to a will? RLTs offer some advantages ... Estate planning through a trust can provide peace of mind that your assets will be protected and distributed according to your wishes. While establishing a ...