A trust structure is a legal arrangement where one party, known as the trustee, holds and manages assets for the benefit of another party, called the beneficiary. This setup allows for the efficient management and distribution of assets, often used in estate planning to ensure that wealth is passed on according to the wishes of the grantor. Trust structures can provide various benefits, including tax advantages and protection from creditors. They can be tailored to meet specific needs, such as providing for minors or individuals with special needs. Common types of trusts include revocable trusts, irrevocable trusts, and charitable trusts.