Top 14 Benefits of Trusts You NEED to Know in 2019! A Will is a good, and necessary, starting point for any Estate Plan. But there are many scenarios today that a Will ALONE simply cannot address. Adding a Trust, or combination of Trusts, to your Minnesota Estate Plan can ensure your assets get to whom you want, when you want, the way you want, with the least amount of taxes and legal fees, and without hassle. Most people are aware that Trusts exists to tackle different Estate Planning situations, but many don’t really know what Trust benefits really are (many think Trusts are just for creating spoiled Trust Fund kids – but as you will read, that is far from the truth; nearly EVERYONE has an advantage to gain from using Trust benefits). However, when doing even a little Googling about Trusts, you will quickly find that there are many different Trusts for many different situations – so many different Trusts exist that you may not even know where to start. That is precisely why I have written this article: to point out that there are certain important benefits common to all Trusts – basically, to provide a starting point.