DIVIDENDS AND TAX

I'm in my 40s, as is my wife, and we have two kids under 10. We own one investment property and recently started investing in ETFs and some ASX/NYSE shares, with about $50k invested so far. Our plan is to DCA around $25k annually over the long term. I recently spoke to a tax accountant about managing our investments, and they suggested setting up a trust. The benefits mentioned were: 1. Tax flexibility: A trust allows more control over how investment income is allocated, potentially saving tax by attributing more income to my wife (who earns less). It could also provide tax benefits in 20 years when cashing out. 2. Trust with a corporate trustee: This setup offers additional advantages, such as easier fund allocation if we separated and quicker access to funds if one of us passed away. However, it's costlier to set up and maintain than a standard trust. I’ve never considered this before, so I’m curious: - Does anyone use a trust for managing investments, and is it worth it? - Is it just something accountants and advisors recommend, or is it genuinely beneficial? - If you’ve set up a trust, did you choose a standard trust or one with a corporate trustee, and why? Thanks for your insights!