You should have a living trust because you want to be able to avoid probate and pass your assets to your heirs in the most effective manner possible. Moreover, having a living trust helps you to get organized now. You're the one that knows most about what your assets are and where they're located. In the retitleing process that means that you're able to organize and marshall together your assets so your heirs know what you have and what you own. I'm Jeff Matsen and I'm the founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect and transfer their legacy to the next generation in the most cost-saving and efficient manner possible.