Best and easiest IMO, just gift the stuff way before your decline/demise, the best upside, you get to enjoy the receivers enjoying the gift. You can continue to maintain/support their upkeep as you feel appropriate.
I speak from experience, it's just stuff anyway.

Our plan for our retirement accounts and investments is to have it go to the spouse first and trust second. If one of us dies, then the other will be set. If both of us die at the same time, or one lives a bit longer, the kids will be set and they get what they get per our attached list. We brought up some of this to my son (my son, not biologically hers) and he said Jamie (our daughter together) would have to buy him out of the house to live there. Not sure if he just wants the money or was joking. But with that, we decided Jamie gets 50% of my assets and 100% of the wife's assets. Ronald (my son) gets 50% of my stuff and none of the wife's. He has a mother and can split her stuff up. We are going to be trustee's first, then a lady we know (not a relative and well off, so she won't be in it for the money), and then probably our daughter (she's only 16 now, so she should be 18 before anything happens for sure). We don't want my son to screw over our daughter. He is a good kid, but don't trust him to do the right thing and live by our wishes, so a trust is the way to go vs a will. We have a financial advisor as well and he recommended the lawyer we are using. He may or may not get a copy of the trust to make sure we are doing things right as far as investments. We will also buy a lock box for the trust and keep it in there with the keys in a safe deposit box so the kids can't snoop. We will show them the trust minus the part of who gets what. We have bank accounts set up at a credit union that are for the kids and those will be protected with asset protection. That money is for an extreme emergency if need be, but primary reason for them is for the kids to use for what they need after a certain age. Don't want to see them blow through it for a stupid reason.

The only thing I have to add to the above is to make sure your trustee has access to the ORIGINAL documentation. In my experience, getting a copy to be a "state certified copy" was a bit of a pain. God only knows how it would have unraveled if any of the heirs would have contested it.

Classic cars cant do into the trust

Classic cars cant do into the trust

Anything with a title can be put in a trust. Hagerty said there is no issue insuring it if we go that route. I would think they would know since I emailed them specifics. Sounds like the other tricky part will be bank accounts and savings bonds. We have to update the beneficiaries once the trust is set up fully.

Transfer of ownership of straight bank accounts is pretty easy, I think. Ask your bank about the following two scenarios.

1.) Whoever you want the account to go to, simply add them as a Signatory to the bank account. Your wife is easiest - she goes to the bank with your daughter and fills out simple paperwork and your daughter signs a Signatory card, and you're done. If your wife passes away, your daughter becomes 100% sole owner. No probate, no nothing, she owns the account. With your son, you'd have to separate out 50% of your money and establish a stand alone account with his and your names. Once you die, he becomes owner. The other account with the other 50% you have our daughter as Signatory and she will own that one.

2.) I've also heard of a simple document for bank and investment accounts called a T.O.D. - Transfer On Death. Ownership is transferred to the designated person once a death certificate is produced. No probate, no court. My understanding is a TOD is useful when you don't want or need another designated party to be a Signatory while you are alive.

Ownership of Savings Bonds was a longer process, but worked fine.
You fill out forms, mail them in to the US Treasury with the original bond certificates, and the Gov't re-issues each bond in the new owner's name, which can also be a Trust, as long as you establish a Tax ID / EIN for the Trust. In my case, I had to wait for Probate Court issuing me authorization as Executor, then I filled out the forms to have my uncle's Treasury Bonds re-issued in the name of the Trust with EIN listed on each one. They are maturing, so as the Trustee, I cash them in as advised by my CPA.

Cheers,
- Art