Create Your Revocable Living Trust
A Revocable Living Trust is an estate planning document where you transfer asset ownership to a trust you control during life. Assets pass to beneficiaries upon death without probate, and you can change it anytime.
Why Use a Professional Service?
Compare creating your Revocable Living Trust yourself vs. using a professional template service.
DIY / Blank Template
- ⚠️ Requires legal knowledge
- ⚠️ Risk of missing clauses
- ❌ No state compliance check
- ❌ No legal support
- ⚠️ Manual formatting
- ⚠️ Time-consuming research
Solution
- Comprehensive trust templates
- Asset funding checklists
- Beneficiary designation wizards
- Incapacity management provisions
- Special needs trust options
- Pour-over will integration
- Unlimited revisions for 7 days
Hire an Attorney
- ✅ Fully customized
- ✅ Expert legal advice
- ✅ Court representation
- 💰 Very expensive
- ⏰ Time-consuming process
- ⚠️ May be unnecessary
What's Included
Individual or joint trust options
Successor trustee provisions
Beneficiary distribution schedules
Special needs provisions
Pet trust options
Spendthrift protections
Trust amendment procedures
Frequently Asked Questions
What's the difference between a revocable living trust and a will?
Trusts avoid probate, provide incapacity management, and are private. Wills require probate, are public, and only take effect at death. Trusts are more expensive to set up but save time and money later. You need both.
What does "funding the trust" mean?
Funding means transferring asset ownership to the trust. Re-title property, bank accounts, investments. If assets aren't in the trust, they go through probate. Critical step—unfunded trusts are useless.
Can I change my revocable living trust?
Yes, you can amend, modify, or revoke it anytime while mentally competent. That's why it's "revocable." Upon death, it becomes irrevocable. Use formal amendment procedures to ensure validity.
Do I need a will if I have a trust?
Yes! Create a "pour-over will" to transfer any assets you forgot to put in the trust. Also names guardians for minor children (trusts can't do this). Belt-and-suspenders approach.
Want to Learn More First?
Read our comprehensive guide to understand everything about Revocable Living Trust before creating one.
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