Maybe run us through some of the benefits of have a, having a trust in place.

Peter, thank you.

Um, yeah, I think it is not a good idea to, uh, base your decision to have a trust o- purely on tax.

Um, I would say trust is a protective vehicle.

Uh, there are, uh, obviously a difference we make between testamentary trusts that are created by a last will and testament, and a living trust, uh, which is created by a founder while, while he's still alive.

The tes- the purpose of the testamentary trust is usually to protect, uh, inheritances by minors, um, and, uh, other vulnerable parties.

Uh, the living trust, which I think is, is more, uh, relevant for our discussion today when we talk about estate planning, um, is also about protection.

Yeah.