Originally Posted by wabigoon
Trusts are something I do not understand so well. There must be many types, what is gained by a trust?



Best to think of a trust as a conduit for funnelling money from one person(s) or entity to another.
The "pipe" protects the money from taxes, creditors, the time and expense of probate, and lawsuits.
Whether it's for you is the subject of a conversation with an attorney.

There is nothing made by man,
which cannot be broken by woman.