What are the benefits of a revocable living trust?
Creating a Revocable Living Trust
Does a Living Trust avoid probate?
Ways to Avoid Probate Through Joint Ownership
Is a Living Trust expensive or complicated?
Children and revocable living trusts
What assets can I transfer to my revocable living trust?
How do I transfer assets to a revocable living trust?
Which Living Trust Is Right For You?
Compare Revocable Living Trusts and Wills
Order all state-specific revocable living trust forms below.
Alabama | Alaska | Arizona | Arkansas | California | Colorado | Connecticut | Delaware | District of Columbia | Florida | Georgia | Hawaii | Idaho | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maine | Maryland | Massachusetts | Michigan | Minnesota | Mississippi | Missouri | Montana | Nebraska | Nevada | New Hampshire | New Jersey | New Mexico | New York | North Carolina | North Dakota | Ohio | Oklahoma | Oregon | Pennsylvania | Rhode Island | South Carolina | South Dakota | Tennessee | Texas | Utah | Vermont | Virginia | Washington | West Virginia | Wisconsin | Wyoming | |
A revocable living trust, also referred to as an inter vivos trust, is a trust designed to avoid probate while providing long-term property management. The term "revocable" living trust means that the living trust can be terminated or changed at any time during your lifetime. By appointing yourself the trustee of your living trust you retain complete control over assets you place into the trust. Upon your demise, the person you appoint to succeed you as trustee, the successor trustee, distributes the trust assets as you specified, without probate. Find out more about the successor trustee of a living trust.
A revocable living trust is a "living" document which takes effect immediately. A "living" document is a document which may be continually edited and updated by either a limited or unrestricted group. In the case of a living trust, the only person that may edit or update the document is you.
After executing your revocable living trust you then place assets into it. This is called "funding the trust". You can quickly and easily download living trust forms, establish your trust and transfer assets. Most valuable assets should be transferred into your living trust. This would include real estate (including homes), business interests, money market accounts, stocks, bonds, mutual funds, precious metals, gems, antiques, artwork, royalty contracts, patents, copyrights, numismatic as well as other valuable collections and other business interests. However, many assets can not be put into a living trust. See a list of living trust assets.
To establish a revocable living trust, you must execute a Declaration of Trust. Your declaration of trust establishes your living trust and sets forth the terms and conditions. You then transfer assets to yourself as the trustee of your revocable living trust. You then administer the revocable living trust for your own benefit as well as the benefit of at least one other person, a beneficiary. Though your living trust is managed for the benefit of your beneficiaries as well as yourself, beneficiaries get nothing until after your death. Upon your demise, your appointed successor trustee passes revocable living trust property quickly and confidentially to the beneficiaries without probate.
Our revocable living trust forms include provisions for the inclusion and disposition of all types of assets, beneficiaries, trustee duties, administration without court supervision as well as a completed example and instructions. In addition, the trust accommodates all types of beneficiaries, including minor children. [Living Trust FAQ].
Alabama Revocable Living Trust - Individual
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Alaska Revocable Living Trust - Individual
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Arizona Revocable Living Trust - Individual
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Arkansas Revocable Living Trust - Individual
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California Revocable Living Trust - Individual
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Colorado Revocable Living Trust - Individual
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Connecticut Revocable Living Trust - Individual
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Delaware Revocable Living Trust - Individual
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DC Revocable Living Trust - Individual
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Florida Revocable Living Trust - Individual
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Georgia Revocable Living Trust - Individual
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Hawaii Revocable Living Trust - Individual
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Idaho Revocable Living Trust - Individual
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Illinois Revocable Living Trust - Individual
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Indiana Revocable Living Trust - Individual
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Iowa Revocable Living Trust - Individual
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Kansas Revocable Living Trust - Individual
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Kentucky Revocable Living Trust - Individual
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Louisiana Revocable Living Trust - Individual
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Maine Revocable Living Trust - Individual
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Maryland Revocable Living Trust - Individual
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Massachusetts Revocable Living Trust - Individual
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Michigan Revocable Living Trust - Individual
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Minnesota Revocable Living Trust - Individual
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Mississippi Revocable Living Trust - Individual
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Missouri Revocable Living Trust - Individual
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Montana Revocable Living Trust - Individual
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Nebraska Revocable Living Trust - Individual
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Nevada Revocable Living Trust - Individual
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New Hampshire Revocable Living Trust - Individual
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New Jersey Revocable Living Trust - Individual
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New Mexico Revocable Living Trust - Individual
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New York Revocable Living Trust - Individual
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North Carolina Revocable Living Trust - Individual
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North Dakota Revocable Living Trust - Individual
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Ohio Revocable Living Trust - Individual
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Oklahoma Revocable Living Trust - Individual
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Oregon Revocable Living Trust - Individual
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Pennsylvania Revocable Living Trust - Individual
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Rhode Island Revocable Living Trust - Individual
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South Carolina Revocable Living Trust - Individual
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South Dakota Revocable Living Trust - Individual
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Tennessee Revocable Living Trust - Individual
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Texas Revocable Living Trust - Individual
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Utah Revocable Living Trust - Individual
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Vermont Revocable Living Trust - Individual
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Virginia Revocable Living Trust - Individual
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Washington Revocable Living Trust - Individual
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West Virginia Revocable Living Trust - Individual
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Wisconsin Revocable Living Trust - Individual
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Wyoming Revocable Living Trust - Individual