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The Living Trust
Thank you Paul Diaz 
If you, like most citizens, can't stand the idea of having to go through probate, then a living trust takes on a much greater level of importance. While avoiding probate is one of the leading benefits to having a living trust, there are many more factors at work. There are a variety of great reasons to have a living trust.
 
First and foremost, a living trust allows you to protect your loved ones' potential inheritance. Instead of simply handing your son, daughter, niece or nephew a large sum of money before they are old enough to handle it properly, you're able to establish a trustee to watch over the money until they are mature to be trusted. This essentially guarantees they won't be able to squander it.
 
Creating a living trust also allows families or individuals to avoid the issues that arise when a loved one becomes incapacitated. By outlining your desires ahead of time, this keeps family tensions at bay. You're able to properly designate the people you wish to have in charge of all your financially related affairs.
 
A living trust allows your property and finances to be controlled more easily, ... more

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