What is a revocable trust?

Answer A trust is a written agreement naming one person to be responsible for managing the property for the benefit of another person. A revocable trust, sometimes called a living trust, is capable of bei... Read More »

Top Q&A For: What is a revocable trust

Can a revocable trust to be transferred to your spouse's revocable trust after your death?

Yes, you may name your spouse's revocable trust as the beneficiary of your revocable trust in your declaration of trust document. Another option would be to establish a joint trust, which may be st... Read More »

What Is a revocable trust UAD?

A trust is a legal agreement that gives a person or organization, known as the trustee, financial control of an estate or other property. A revocable trust can be changed during the grantor's life... Read More »

What is a revocable trust fund?

A revocable trust allows you to control where your property, money and other assets go after you die. You can manage this trust during your lifetime and make changes to it whenever you want.Revocab... Read More »

What is the definition of a revocable trust?

A revocable trust is a trust account that can be controlled by the owner (trustor), but upon the death of the owner it becomes irrevocable (unable to be changed) and passes to one or more beneficia... Read More »