If a family has young children,or there are children from a previous marriage,then a trust is probably the best way to go for estate planning.

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A trust can provide flexibility and control in distributing assets to children, especially if they are minors. It can also ensure that assets are not misused or squandered. Trusts can also help blended families navigate complicated dynamics by specifying how assets should be distributed among children from previous marriages. Therefore, a trust is often preferred for estate planning in situations involving young children or children from previous marriages.

If a Family Has Young Children,or There Are Children from a Previous