This depends on your case, and the details need to be discussed with our attorney.  A living trust is a document that you create during your lifetime (while having mental capacity) through which your property and money will be distributed after your death to your chosen heirs (aka beneficiaries) by a person that you trust (aka trustee).  Unlike a Will, a living trust doesn’t need to be probated which results in substantial savings for families (ranging between $30,000 to hundreds of thousands of dollars depending on the total estate value).  A trust-based estate plans will help you avoid lengthy and expensive probate and plan for estate taxes while keeping your financial affairs private.