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I have a living trust I suggest finding a good lawyer if you decide to get one. That being said here are some points from a periodical.
'Living Trust can be an excellent estate planning tool for managing your property in case you become incapacitated.''
"A trust isn't needed to protect assets from probate.
You can arrange for most of your valuable assets to go to your heirs outside of probate. A home or other property that's owned jointly with the right of survivorship goes directly to the joint owner when you die. Likewise, pensions,retirement accounts and life insurance policies automatically transfer to the beneficiary. By setting up payable -on-death accounts, recipients have immediate access to money in bank accounts. And more than a dozen states allow transfer-on-death deeds for real estate."
You may want to ask an estate-planning lawyer whether a living trust fits your needs.
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