Rarely. Even though it is much easier to have your own personal will, dying without a will is not fatal (Ouch. I'm sorry about that pun). It is called dying "intestate." The states have enacted statutes that apportion an estate among predesignated classes of beneficiaries when there is absolutely no benefits of Including a living trust in your estate planning will. For example, the laws of intestacy in California provide that the person dies without a will the companies estate (his or her separate property or community property share) will be split 50% - 50% between pleasure then living and the surviving man.
Another a key factor is you want to make sure your trust is revocable. That means it can be changed each time. Lets talk about how it will save you money for your specific loved ones with a living trust. Basically, you prevent the court cost, the attorney fees, along with court related fees