Trust is a legal arrangement that allows you to control how your assets are distributed after your death or in case of incapacity. You may need a trust if you want to Avoid probate (which is a court process that can be costly and time-consuming); Protect your privacy (as trusts are not public records like wills); Provide for minor children, special needs dependents, or pets; Manage your assets during your lifetime or in case of incapacity, by appointing a trustee to act on your behalf.
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