Trusts 101

A legal structure where assets are controlled by the settlor

A legal structure where assets are controlled by the beneficiaries

A legal structure where assets are controlled by the government

A legal structure where assets are controlled by the trustees (correct)

To have complete control over their assets

To protect their assets from creditors (correct)

To avoid paying taxes

To give away their assets to the government

The Settlor

The Beneficiaries

The Trustees (correct)

The Government