A trust is the client preferred method of preserving and transferring wealth and inheritances. It allows the client to avoid the stress, costs, time and publicity associated with the court probate process. A trust may also act as an asset protection tool. Further, a trust can provide for the financial care of minor beneficiaries or disabled. Once the beneficiary is deemed capable of managing the assets, they will receive possession of the trust’s assets. Any assets that are not retitled in the name of the trust are subject to the probate process. Trusts may also be flexible and easily amended.