I would do the trade but I think it is a little risky and more fair (to Indiana) than is getting credit for.
I think what we would give up is a little underrated (assuming favors is healthy)
Burks=fifty cents
Favors=75 cents
2 first rounders=fifty cents
For
Paul George=one dollar
I do the trade because like naos said, we really need a player that's a level above Hayward and even without Burks, favors, and the draft picks we still have allot of good pieces left (gobert, hayward, hood, exum, lyles).
On paper though we would be giving up a pretty good haul and if things break right (Burks and favors stay healthy and have not hit their ceiling yet, the draft picks turn out to net good players) the jazz could be better off keeping what they have and spending big on a free agent next summer.
That's allot of ifs though. I would do the trade.