If both parents die without a trust, an only child typically must go through probate to inherit property titled in a single name. A will doesn't avoid probate, but a trust does.
"I am the only living child of my parents. Will I still have to go through probate after they pass? They do not have a trust." I'm also assuming they don't have a will, though the question doesn't say that. So the answer to that is, if there was any property that was left in one name alone, one of your parents' names, and typically the way this works is that one of your parents dies first, in most couples, everything that that person has goes to the surviving spouse. So the rubber really meets the road when the surviving spouse dies. At that point, everything is usually in one name alone. To legally convey property that is in one name alone, probate will be required whether they have a will or if they don't have a will, like they have a trust. Probate will not be required because that will happen in private and outside of any probate process. But the premise of this question is that perhaps because
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