The formation of a trust by high net worth individuals may be beneficial for both tax and non-tax  purposes:

 

(1)    It avoids probate and and  thus avoids  instability and insecurity  within families.

(2)    It may be an excellent measure against potential  Estate or Inheritance Tax.

(3)    May under specific circumstances save or defer Income Tax.

 

It seems Israelis  do not yet appreciate enough the varied advantages and flexibility of trusts