Should I use a trust to distribute my estate?
A Last Will and Testament typically serves as the foundation of an initial estate plan. At some point, however, you may wish to consider switching to a trust as your primary asset distribution method. If your estate is small enough to qualify for small estate administration, and you do not have minor children (nor plan to have any soon), a simple Will may be all you really need. If, however, your estate is large enough that probate avoidance is a consideration and/or you do have minor children who will inherit from your estate, you may wish to consider relying on a living trust as your primary distribution tool within your estate plan. Consult with your estate planning attorney to help you decide what works best for your plan.