 A lot of people ask, why do I need a living trust? What a will do. Think of a living trust as the mothership of your estate plan. The living trust can control so much in your life. It protects your assets, it protects your family. It takes care of spouses if they're incapacitated or someone's passed away. It makes sure that things flow down to your loved ones in an organized way. In fact, a living trust can even help when families have drug or alcohol issues or they have small children that need protection. If something happens to dad or dad and mom, how are we gonna protect the little kids? The living trust is the key to family protection.