Quote:
Originally Posted by Keninches
Absolutely a Trust. Protects your heirs. No hassles.
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If your house is your only non-financial asset, and you only have one heir, why do you need a trust? A ladybird deed will allow immediate transfer of ownership to your heir upon your death. All of your financial assets can be set up as POD (payable on death). I don't see why a trust is required.