 Living trust allows you to name a beneficiary. In this case, it would be your daughter. And because your daughter is a minor, you're going to want to appoint a guardian or a successor trust or a contingent trustee because she obviously can't manage the money until she gets to be of age. But in that being said, you can put the assets in the trust and you can then designate her as the beneficiary and those assets will pass without probate.