Trusts are a versatile estate planning tool. They allow us to protect assets, determine where your money goes, and even help your family members get access to your money during any period of disability and streamline the distribution of your assets after your death. Trusts can come in many forms, but each of them serves an important purpose of protecting assets. They allow us to keep assets from being subject to income taxes and probate expenses. Trusts also allow us to ensure that your money goes where you want it to go when you want it to go there, after your death, and during any periods of disability. A trust is an effective and powerful estate planning tool for any estate regardless of size. These documents can help you take the guesswork out of your life leaving your heirs with a sense of peace, knowing exactly how you want your assets to be managed in the future. Establishing trust with the help of Chesapeake Wills & Trusts can also make tax management easier, giving you a greater chance at optimizing your wealth in the long term.