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A revocable trust is often used to avoid the expensive and time consuming probate process and to leave property to heirs, notes Nolo. The reason the trust is a revocable one is because it can be altered during the trust ... More »

www.reference.com Business & Finance Financial Planning

Free revocable trust forms are available online at websites such as AllLaw, Rocket Lawyer and USLegal. On AllLaw and USLegal, visitors must copy the text into a document to edit and print; Rocket Lawyer provides a form t... More »

www.reference.com Business & Finance Financial Planning

A revocable living trust is created through the grantor's signature on a living trust document and the transfer of all property into the name of the trust, according to Nolo. The grantor is the individual for whom the tr... More »

www.reference.com Business & Finance Financial Planning
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A living revocable trust involves a transfer of ownership of property into a trust. This is done over the course of a person's lifetime, and is often done to ensure that beneficiaries are not given their inheritance in o... More »

www.reference.com Business & Finance Financial Planning

A revocable living trust is created through the grantor's signature on a living trust document and the transfer of all property into the name of the trust, according to Nolo. The grantor is the individual for whom the tr... More »

www.reference.com Business & Finance Financial Planning

A revocable living trust is an estate planning tool that is used to avoid probate and decide how a property is split up after the owner's death. It can be changed later by the person who set it up, as long as he is still... More »

www.reference.com Business & Finance Financial Planning

Some of the advantages of a living trust are being able to avoid probate and being able to name alternate beneficiaries to inherit property, says Nolo. Disadvantages of living trusts include the time they take to draw up... More »

www.reference.com Business & Finance Financial Planning