In light of the recent living trust run, I've included additional information on my estate planning page about this planning device to answer client questions.
Want the Cliff's Notes version? Is the revocable living trust a valuable planning tool? Yes. Do you need one? Probably not, but if one or more specific factors apply to you, you may benefit from one.
If you think a revocable living trust might be a good fit for you, or you're interested in learning more, read the full write-up.