A multifaceted trivet with multifaceted functionality includes a trivet within a basket, a trivet that may serve as a lid and a serving tray. The trivet within a basket provides further insulation by use of the basket. The basket has rotatable handles which allows a heated item to be placed within the basket and easily carried to a serving area. The trivet that may serve as a lid may function as a trivet on which a pot or container may be placed or may fit as a lid of a particular pot or container.