A potential advantage of setting up a trust is averting estate taxes. So long as the trust is irrevocable so you relinquish control of it, it might lessen estate tax legal responsibility. But revocable trusts remain Portion of the taxable estate. By Christy Bieber, J.D. Information furnished on Forbes Advisor https://plans-trusts05936.muzwiki.com/8134045/the_ultimate_guide_to_zero_trust_legislation