Which of the following is NOT typically a reason to establish a trust?

The establishment of a trust typically serves various purposes related to asset management, distribution, and protection. One of the main reasons to create a trust is to facilitate the management of assets on behalf of beneficiaries who may be unable to handle them directly, such as minor children. This aspect reinforces that trusts are valuable tools for ensuring that assets are properly managed and distributed according to the grantor’s wishes.

Avoiding probate is another significant reason for setting up a trust. By transferring assets into a trust, the grantor can bypass the often lengthy and public probate process, ensuring that beneficiaries receive their inheritance more expediently and privately.

Ensuring privacy in asset distribution is also a common rationale for establishing a trust. Unlike a will, which becomes public record during the probate process, a trust can remain confidential, protecting the details of the distribution and the identities of beneficiaries from public scrutiny.

In contrast, creating a legal directive for all future decisions does not align with the primary purposes of a trust. While trusts do involve directives regarding the management and distribution of assets upon the grantor’s death, they do not encompass a broad directive for all future personal decisions. That function is more pertinent to a power of attorney or an advanced healthcare directive, which are designed to manage decisions