What is a primary goal of using trusts in estate planning?

The primary goal of using trusts in estate planning is to ensure that beneficiaries who may not be suitable for direct management of assets can still benefit from those assets indirectly. Trusts can protect the interests of beneficiaries by placing assets under the management of a trustee who has the responsibility for oversight and distribution according to specific terms set out in the trust agreement. This is particularly useful in cases where beneficiaries may be minors, have financial issues, or lack the maturity to handle large sums of money directly.

Trusts provide a structured approach that not only secures assets for beneficiaries but also allows for controlled distribution over time, which can be essential in maintaining the long-term viability of the estate. The use of trusts can mitigate potential risks associated with direct asset transfers, such as financial mismanagement or loss due to divorce, creditors, or other unforeseen circumstances.

The other options do not accurately reflect the primary goal of trusts. For instance, while trusts can sometimes help in tax planning, they do not entirely avoid tax liabilities, as most trusts are subject to tax rules. Additionally, while trusts do facilitate the transfer of assets, their main function is not merely to make the transfer easier, but to ensure proper management and protection for the beneficiaries. Lastly, granting complete control of assets directly to