Trusts
A trust is a legal entity which can hold and distribute assets according to the terms of the trust. There are many different types of trusts which can be used to accomplish an array of goals from tax planning, to legacy building, to asset protection. The most common type of trust is a revocable living trust. A revocable living trust is a very flexible estate planning strategy which serves, in many ways, as a will substitute. This type of estate plan will allow you to accomplish your goals with little or no court intervention and does so without sharing any of the details of your estate through the public probate process.

Probate Avoidance
For some, the probate process can be sluggish, unnecessarily costly, and may go beyond a desired level of privacy. For these reasons, many people desire to arrange their affairs so that their loved ones do not have to go through the probate process.