Preston Sauer, 48 and a widower, and Niki Lorenz, 44 and divorced, were married 5 years ago. They have children from their prior marriages, two children for Preston and one child for Niki. The couple's estate is valued at $1.4 million, including a house valued at $475,000, a vacation home in the mountains, investments, antique furniture that has been in Niki's family for many years, and jewelry belonging to Preston's first wife. Discuss how they could use trusts as part of their estate planning, and suggest some other ideas for them to consider when preparing their wills and related documents.