About Trusts A trust is designed to outline how certain assets will be distributed to your beneficiaries. Share | Have A Question About This Topic? Address Thank you! Oops! Related Contents Charitable Giving: Smart from the Heart Do you have causes that you want to support with donations? Here are three tips. Critical Estate Documents Sound estate management includes creating financial and healthcare documents. Here's an inside look. Principles of Preserving Wealth How federal estate taxes work, plus estate management documents and tactics.