Ask the Experts: Do I need to set up a trust?

This week, Sacramento, Calif., attorney Kay Brooks answers one of the most basic questions in financial planning: Do I need a trust or not?

Q: When is it best to set up a trust? My assets are four cars, household goods (but no house), less than $100,000 in savings, and a federal retirement account. What type of trust would you recommend, and how do I select a firm to set one up?

To read Kay Brooks answer, visit the Ask the Expert column here on the