Boaters Forum

Documenting a Boat in Trust?

General discussion about vessel-related fees and expenses.
We are working to Re-document the boat we just purchased. It was Documented in the name of a Trust. Try as I might, I can not find the advantages, and would really appreciate some input. The Admiral and I already have a trust, though found it a bit of pain to transfer properties we owned into, or out of the trust. If it is just another way to transfer ownership to our children should something happen to us, seems it would be accomplished via our Will. Is there a simpler solution?
Actually a trust or an LLC isn't a bad idea. If it is in your will, isn't there a possibility it would go into probate?
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