- A revocable living trust allows you to make known your financial wishes for many situations: for today, for when you are alive but cannot make your own decisions, and for after your death.
- When set up properly, the trust will own your money and property, and the trust agreement will contain instructions for your chosen decision-makers to follow, all without court involvement.
- While you are alive, you create the trust, manage the trust assets (as the trustee), and are the beneficiary of the trust. You keep control until you no longer can make decisions for yourself