WHY IS A TRUST BETTER THAN A MARRIAGE?
A Trust keeps assets separate
A Trust keeps credit and reports separate
A Trust Agreement is more manageable
A Trust document is more private
A Trust keeps individual privacy separate
A Trust has better rules
A Trust can operate with less court activity
A Trust can be set up instantly
A Trust is legal in all jurisdictions without permission
A Trust is usually not required to be registered
A Trust continues during medical emergencies
A Trust continues during mental incapacity
A Trust continues after death or incapacity
A Trust can easily change beneficiaries
A Trust can easily avoid fighting over assets
A Trust can be dissolved with less disagreement
Many individuals are using a trust instead of a Pre-nuptial Agreement, or instead of a Companion Agreement. The above benefits apply to all relationships, including same sex, friendships, neighbors helping neighbors, close relatives, or other considerate relationships.
A trust is not better than a marriage in every way. Some couples would only feel that a religious marriage is adequate. Most people are now indoctinated to believe that the government must have a recorded marriage license to be a proper marriage. Does God think so?
Of course, there are other considerations like retirement benefits, government benefits, insurance benefits, and attitudes of relatives.