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Revocable Living Trust

Estate Planning Benefits Everyone.

Revocable Living Trust

Creating Your Trust

A revocable living trust is a popular planning tool. A revocable living trust can accomplish the following:
Once you draft your trust document, you will need to properly transfer title and ownership of your property and assets to the trust. Just because the trust owns your property does not mean you lose access to it. While you are alive, you serve as the trustee and can manage, add, or withdraw funds whenever you like. After you pass away, the designated successor trustee will take over for you.

Modifying Your Trust

A revocable trust is just that, and you have the power to modify the trust document or revoke the entire trust whenever you choose. For example, if you get divorced and you and your spouse have a joint trust, it is not at all difficult to revoke the joint trust and create a new one on your own. You should regularly review your trust for possible modifications with an experienced trust and estates attorney.

Benefits of a Trust

Why create a trust? There are many reasons why it is worth it to create a living trust as part of your estate plan. These include:


To learn more about the revocable living trust or estate planning in general, please visit our blog. 

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