To have a trust or not?

[DURHAM D]

2. Trust is the way to go.

No probate required and kids can start to split it all up the next day after the second parent dies.

Each of your kids should open accounts with your investment group(s) Lets say you have three kids. The broker can split your investments into thirds and put in their accounts.

Each of your kids should open accounts at the bank(s) where you have accounts. After all your bills have been paid and revenues received (including monies from sell of the house) split into thirds and place in each of their accounts.

Don't let some entity manage your trust for you. You can do it.

ETA: Appoint more than one Trustee. My parents appointed all three of their children. It worked out well,