I assume that your attorney is recommending a revocable living trust. My wife and I have one, and all of our major assets are owned by the trust--house, cars, investment accounts, boat (last one was, next one will be when we finally get around to buying
it). A revocable living trust is really a very simple thing, and very well worth it in terms of avoiding probate issues in the United States.
Up until now the only other country I have sailed to was the Bahamas
, and the last time I did that was more than 10 years ago (pre 9/11 days, in other words). Back then when I checked in, as I recall
, they really didn't even bother to look at my papers. Show them a driver's license
, sign a form, pay a modest fee and you were done. Today, I don't know.
Considering how common they are, I have to believe that there are many others out there whose boat is held in a living trust and who have been sailing outside of the U.S. recently. With luck, some of them will chime in.