Are you worried about how your money might be used or distributed after you die? Do you have concerns about the ability of beneficiaries to use any inheritance in a reasonable manner? Or maybe you want to have the money available to beneficiaries that won’t be old enough to use it when you pass? These are all valid questions that come up often during estate planning discussions and they are questions and concerns that can be resolved with the creation of a trust. The legal definition of a trust is that it is an arrangement created by a settlor in which a trustee holds property as a fiduciary for one or more beneficiaries. In that definition, you–the current holder of the assets or money–are the settlor and you would name a trustee to hold the assets and distribute them based on the parameters or criteria you set. In case you are wondering, yes, this is a legal relationship and you will need to work with a lawyer to set this up and make sure the trust is properly created. There is more than one type of will and they can be created while you are alive or set up to take effect once you pass. Regardless of what you decide, a trust can be a helpful tool to allow you to have some control over your assets and estate even when you are not longer here. If you are interested in creating a trust or want to learn more about them, I would encourage you to talk with a lawyer who specializes in estates and trusts (yes, there are a lot of them out there). They should be able to answer your questions and help you devise a plan that’s right for you and your needs.