Yes, trust can help control risks in several ways.

One of the main benefits of a trust is that it separates control and ownership of assets. By naming a trustee other than yourself to manage the trust assets, those assets are protected if you become incapacitated or incompetent. The trustee is legally obligated to manage the assets only for the benefit of trust beneficiaries according to the terms of the trust document. A trust can also help protect assets from potential creditors in the event of lawsuits or bankruptcy. The assets placed in the trust are owned by the trust, not you personally, providing greater protection. Finally, a trust establishes how assets will be distributed before or after your death, which can help avoid probate, delay or reduce estate taxes, especially in some heavy tax countries. So in summary, a trust separates control of assets and establishes rules for management and distribution, helping control risks to those assets.