Which financial advantage can be attributed to a trust under fiduciary powers?

A trust under fiduciary powers offers several advantages, and one significant benefit is the protection of assets from creditors. When assets are placed in a trust, they are no longer owned by the grantor, which can shield them from creditors in the event of legal judgments or bankruptcy proceedings against the grantor. This protection is particularly beneficial in preserving wealth and ensuring that the trust's beneficiaries receive the intended support and benefits without interference from the grantor's personal financial obligations.

In terms of addressing the other options, tax benefits are typically more complex and can vary based on many factors, including the type of trust and the specific tax situation of both the grantor and beneficiaries. Immediate access to liquidity may not be a defining feature of trusts, as the terms of the trust dictate when and how assets can be accessed, which may not align with immediate liquidity needs. Therefore, the protection of assets from creditors stands out as a clear advantage that aligns well with the purposes of establishing a trust under fiduciary powers.