{"id":287082,"date":"2017-06-12T17:08:07","date_gmt":"2017-06-12T22:08:07","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/estate\/trusts\/revocable-living-trust.html"},"modified":"2025-07-25T12:35:00","modified_gmt":"2025-07-25T17:35:00","slug":"revocable-living-trust","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/estate\/trusts\/revocable-living-trust.html","title":{"rendered":"Revocable Living Trust"},"content":{"rendered":"\n
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Revocable Living Trust<\/h1>\n\n
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\n By Oni Harton, J.D.<\/a> | Legally reviewed by Aisha Success, Esq.<\/a>\n | Last updated\n
\n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
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This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

\n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n\n\n

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Key Takeaways<\/h2>\n

A revocable\u00a0living trust is a popular estate planning tool that lets you control your property during your life and after death. Assets such as real estate, bank accounts, and life insurance placed in trust avoid probate and allows property to transfer quickly and privately.<\/p>\n\n <\/div>\n <\/div>\n<\/div>\n\n\n

The trust is a legal document that partially replaces a last will and testament<\/a>. As the \u201cgrantor” or \u201csettlor,” you create the trust agreement and fund the trust. Most states require your signature and a notary endorsement before your trust is enforceable.<\/p>\n

There are several types of trusts, including the following:<\/p>\n