Hi, can you answer this question in more detail?

Subject: Hong Kong Taxation and Estate Planning

Q2. F

Trust is an important tool in estate planning. It is a mechanism to separate the power of execution over a property from the beneficial owner of a property. Critically analyze the six advantages of trust.

Make a critical analysis based on information about the following six advantages:

1. Flexibility

2. Less likely to be challenged

3. Protection of Assets

4. Succession Planning

5. Confidentiality

6. Assets Management

(Words: 700)