Review by Bunson Honeydew

It’s very good for people with simple needs. But it can get clumsy at times. If you have complex issues, you will need to hire an attorney. Most of my assets are owned jointly or they, and many have named beneficiary designations that override a will (e.g. beneficiary election on an IRA). Everything else passes to my wife anyway.

However, the online living trust tool has the ability to create children sub-trusts. That is something I have to make sure is ‘bulletproof.’ Why? If my wife and I were to die together, some legal framework needs to be set up so our kids can have a trustee to manage their affairs until they become adults.