If you transfer assets using a last will and testament, the assets have to transfer through the probate process. If you use a trust, on the other hand, assets can transfer outside of probate through the trust administration process. In many cases, your heirs or beneficiaries who will inherit your money and property would much prefer to receive their inheritance through trust administration than through the probate process.
Your loved ones would likely prefer to inherit through the trust administration process, rather than through probate, because the probate process can be a very long, costly, and complicated process. It can take months for an estate to work its way through probate proceedings. During this time, the executor will be responsible for managing estate assets instead of new owners. Heirs or beneficiaries will need to monitor to make sure probate is moving forward and the executor is fulfilling his responsibilities while the executor will have lots of duties to carry out.
The probate process also costs a lot of money because of court expenses and fees, even if nothing goes wrong such as someone contesting a will. And, because it takes place in court, court records are created and details can become public, which many people consider to be an invasion of their privacy.
You can read this article detailing top reasons your heirs would prefer trust administration to probate in order to learn more.