If the goal is to help children bypass probate, a living trust is only part of the strategy, not a catchall bucket for every asset. Some accounts and policies already have built-in ways to sidestep ...

Wendy Osefo is one of the stars of "The Real Housewives of Potomac." She and her husband have three kids and want them to be financially set up for success. They set up a trust for their kids but ...