 You can put the assets in the trust and you can then designate her as the beneficiary and those assets will pass without probate. Now, it's not free from claims of creditors. God forbid you get sued and your creditors can get those assets. They can't get your house, they can't get a life insurance policy, they can't get your, in some cases, your retirement accounts, and they can't get annuities, but any other assets that you have are subject to claims of creditors and a living trust will not protect you from that.