Do you need a trust as part of your estate plan? In many respects, a will and a trust can both transfer assets to beneficiaries. A trust, however, can provide better protection and control after death. You may assume that trusts are just for the super-wealthy but having a lot of wealth is just one of many reasons why setting up a trust can be a smart financial strategy. There are many types of trusts, each with their own purpose. Some trusts are revocable, allowing you t