This arrangement does not make sense for everyone, however. Be sure you understand all of the advantages and disadvantages of a revocable living trust before you ask your attorney to draft one. Beyond Your Will You may want to consider other arrangements, independent of your will, that can efficiently distribute your property to beneficiaries. Insurance and retirement plans can pass directly to the beneficiary named on the policy or plan, thereby avoiding probate. Property transfers during life can reduce the size of your estate and may lower estate taxes.
Joint ownership allows property to pass outside of probate directly to the joint owner.
Consult with your attorney to learn about the several kinds of joint ownership.