The specific techniques and information discussed may not apply to you. Before acting on any matter contained herein, you should consult with your personal legal adviser. For most people, life is not this perfect and more complex planning is needed. A Living Trust is advisable for anyone with an estate which would otherwise need to be probated. If you think that you need a Will, a Living Trust is probably appropriate.
Probate is wasteful, both of time and money.
Probate is full of delays. The Judge's permission is needed for many actions. A Probate usually takes 1 year but can easily take twice as long. A Trust does not die and Probate is avoided entirely. With a Trust, decisions can be made immediately.