Another reason to consider for establishing a trust for your property is it provides a measure of privacy. This is especially true for your vehicles. They can essentially be named anything you want. You can add any property to it, your home, your vehicles or whatever. The title on your vehicles is listed in the name of your trust, not your personal name.

Trusts can be very useful tools, but like any legal matter it requires good research and is subject to changes in the laws which can occur at any time and be unpredictable. I considered using a trust for my property and ultimately decided to employ a different strategy.

I highly recommend you look into it though. It may be important to your family and your next generations to come, as well as in your old age.