What is Revocable Living Trust Agreement?
paystubmakers.com A revocable living trust agreement — often known simply as a living trust — is a legal entity that an individual creates to hold their assets. The person who creates the trust, known as the grantor, also serves as the trustee, managing the assets that are held inside the trust. It is called a “revocable” trust because the grantor can undo the trust at any time.