Understanding Revocable Living Trust

Revocable Living Trust

“A revocable living trust is a legal document that places assets into a trust during a person’s lifetime and allows for changes or revocation at any time.”

Revocable living trusts are commonly used in estate planning to avoid probate and provide privacy.

The person creating the trust (the grantor) typically acts as the trustee and beneficiary during their lifetime.

Upon death, the successor trustee distributes the assets according to the trust terms. Contact us to learn how a trust may benefit your plan.

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