Definitions for "Revocable Living Trust"
A type of express trust or inter vivos trust.
a trust created during the grantor's lifetime that the grantor may alter, amend, or revoke; the trust may become irrevocable or terminate at the grantor's death
A revocable living trust allows you to transfer ownership of your property to a separate entity called a trust which is managed according to the rules you establish in the trust document for the benefit of the beneficiaries named in the trust.
a document that allows you to hold and manage your assets while you are alive and competent
a document written and created by you, with the help of an attorney
a legal document that includes your instructions for what you want to happen to your assets when you die
a complicated legal document
a legal device that can be used
a legal document that can name a donor as the trustee
a flexible tool
a good choice for most people whose estates are not likely to be large enough to be concerned about estate taxes, and who have no potential conflicts about the ultimate distribution of their joint assets
a legal tool that can benefit some people by
Keywords:  alternative, far, better, pass
a far better alternative
an alternative to the use of a will to pass
Keywords:  substitute, complete
a complete Will substitute
an arrangement you make for management and distribution of personal property