Originally Posted by trip286
My sister is my accountant
Trip, my favorite sister worked for a national firm then for a large national bank specializing in trust and estate work, then she got her Phd and started teaching. She loves me, but there is no way in hell she would tend a trust for free, not even for her baby brother. I'm an accountant, and you couldn't pay me enough to do that crap.
Take the payout; pay your taxes; spend as you wish without the annoyance of consulting a trustee, a regular attorney, and your accountant.
As a single guy with no offspring, I like trusts only slightly more than bears. If you have kids, or parents who will need your full support, it would be reasonable to look into a trust for their health & maintenance.