Living Trust assets escape State Probate procedures which can add thousands of dollars in fees and six to twelve months or more in time to complete all required actions. Living Trusts can greatly accelerate the liquidation and distribution of trust assets to your beneficiaries upon your deaths; can minimize State and Federal Estate Taxes if needed; can eliminate the need for Court supervised Guardianships which distribute the beneficiary’s share at the young age of 18; can hold trust assets for distribution at more appropriate ages for immature beneficiaries; can provide a separate College Fund Trust for minor beneficiaries can offer creditor protection for spendthrift beneficiaries; and can provide many other benefits.