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Frequently Asked Questions What is a Revocable Living Trust?

Living trust Revocable
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Frequently Asked Questions What is a Revocable Living Trust?

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A Living Trust is a legal document used to plan and organize your estate. A Living Trust is created when you transfer your property from your individual name to the name of your Trust. You simply re-title your assets. For example, the deed to your house would be changed from Joe and Mary Smith to Smith Family Revocable Trust. Control remains with you. Only you can sell the house. By creating a Living Trust, you may save your loved ones thousands of dollars in legal and other fees, as well as unnecessary delays that can continue for months or even years. In addition, you can alleviate many emotional strains caused by your death and the settling of your estate.

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