Who is the owner in a revocable trust?

Answer The grantor is the owner of the assets or estate in a revocable trust. A revocable, or living, trust allows the grantor to maintain the option of dissolving or changing the terms of the trust and a... Read More »

Top Q&A For: Who is the owner in 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 »

Revocable Trust Advantages?

A revocable trust gives someone the opportunity to dictate who will receive his assets when he passes away, similar to a will. With a revocable trust, a trustee is established who handles the trans... 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 »

How to Create a Revocable Trust?

A revocable living trust (RLT) is a probate-free approach to pass your assets to your beneficiaries after your death. Besides avoiding probate court, an RLT has other advantages. For instance, you ... Read More »