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The trust in no way protects your assets, so that reasoning is simply false.You should put your vehicles into your trust in order to avoid probate. Only those assets held by the trust will avoid probate.

A living trust owns the property you put into it, while still allowing you to maintain control. You can put most types of assets into a living trust, as long as they have value. For example, you could include your home, your bank accounts, jewelry, or stocks.

Generally, you should title all of your currently owned and newly acquired assets in the name of your trust. We prefer the following format for titling assets in the name of your trust: NAME OF TRUSTEE, Trustee of the NAME OF TRUSTEE Living Trust dated DATE TRUST WAS SIGNED and any amendments thereto.

Trusts and Bank Accounts You might have a checking account, savings account and a certificate of deposit. You can put any or all of these into a living trust. However, this isn't necessary to avoid probate. Instead, you can name a payable-on-death beneficiary for bank accounts.

Another downside of living trusts is that transferring assets can be both time-consuming and complicated. If you hold a variety of assets, you'll need to contact your different banks and agents to have everything you own moved over -- a process that could involve a fair amount of paperwork.

You can change your living trust, usually without incurring lawyer bills.Because you and your spouse made the trust together, you should both sign the amendment, and when you sign it, get your signatures notarized, just like the original. Another way to go is to create a "restatement" of your trust.

We also reserve the right to modify our fees at any time. Typical pricing is as follows: $300 to Amend Nomination of Successor Trustees & Executors. $400 minimum to Amend Gift, Inheritance & Beneficiary Provisions.