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Revocable Living Trust Agreements: What are they?

Detailed instructions on how the property is to be handled and ultimately divided after your death are included in the living trust agreement, a legal document that must be signed by both the trust maker and a notary public.

The agreement lists the assets, identifies a successor trustee—who may be a human, a corporation, or an attorney—and the beneficiary who will take possession of the assets upon the death of the trust maker.


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When the trust creator passes away, the trustee will look after your assets. The trustee oversees the trust when you are unable to do so and acts as your agent to make sure the assets go to the intended beneficiaries. The beneficiaries are the individuals, groups, or other legal entities who will inherit your trust's assets following your passing.


Make A Revocable Living Trust Agreement FORM Now!

Is legal counsel required to create a trust?

A living trust can be created without a notary public or attorney. Using our Paystub Makers, you can create your own revocable living trust if your conditions are reasonable and unambiguous. Paystub Makers ensures that your personal information is completely protected and confidential by taking the guesswork out of producing legally binding papers. With a team of businesspeople, tax experts, and lawyers available to answer your queries, together with user-friendly tools to help.

Revocable Living Trust Benefits

Many people set up living trusts as a method to protect their assets and facilitate a seamless asset transfer to their heirs. Here are the top three reasons to think about establishing a living trust:

  • Adaptable revocable trusts
  • Revocable living trusts are adaptable because you have the freedom to change them as you see fit. This is especially appropriate for people whose family situations are ever-changing or for those who are unsure of their intended beneficiary. These trusts are a fantastic alternative for people who want to look into other estate planning strategies because of their flexibility.


  • A successful substitute for probate
  • One of the main advantages of a living trust is that it assists your beneficiaries in avoiding probate court, allowing you to relax knowing that your estate will be spared the expense and trouble of repeated probate hearings. Your assets will be allocated to your heirs in accordance with your preferences during a legal process called probate. When your estate is put up for probate, it will be made public while still being private.


  • A living trust provides more discretion
  • Your trust arrangement remains a private matter by avoiding probate. Nobody can access it because it is not a public record. In contrast to a will, which eventually becomes public record, a trust maintains the confidentiality of your beneficiaries and financial information about your assets. Wills and their significant transactions become part of the public record and are subject to legal processes after your death. Your will, the names of your beneficiaries, and the items you are inheriting are all public information.

However, estates disbursed through a living trust are done so secretly. No one has access to the public records that show who received your assets and where they went. By doing this, both your beneficiaries' and your assets' privacy are protected.


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