Yes and make sure you enter all assets into the trust such as bank accounts etc. When my Dad passed his real estate was in trust for us but nothing else was. It was a really screwy deal as for some reason my name had been removed from his checking account but remained on the savings account.
Luckily he didn't have a lot of money in either. We had no way to get to the checking account except for legal and the amount wasn't worth the trouble.
Yes and make sure you enter all assets into the trust such as bank accounts etc. When my Dad passed his real estate was in trust for us but nothing else was. It was a really screwy deal as for some reason my name had been removed from his checking account but remained on the savings account. Luckily he didn't have a lot of money in either. We had no way to get to the checking account except for legal and the amount wasn't worth the trouble.