Living Trusts are an estate planning device particularly aimed at avoiding probate. You place all of your assets in a Trust while you are alive, naming yourself as the trustee and naming a successor trustee to take over if you die or become disabled.
This plan has great appeal to the elderly and terminally ill, singles or those who own property in several states and don't want to go through probate in each state. Living trusts are for anyone who would like to avoid the cost and red tape of the probate process.
We'll be glad to discuss you situation but please, do not use an office-supply store or internet form to set up your own Living Trust. To do so would be like removing your own appendix.