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Home→Forms→Revocable Trust

Revocable Living Trust Builder

Revocable Living Trust Builder

Create your revocable living trust that works in your state.

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Revocable Living Trust Builder

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Your Information

Tell us about yourself to get started.

SELF-HELP SERVICE: SimplyTrust provides a self-help document preparation service. We are not a law firm and cannot provide legal advice, select forms for you, or tell you how to complete forms. Our role is limited to providing a platform where you input your own information into document templates.

NOT LEGAL ADVICE: This document was created entirely based on your selections. SimplyTrust does not review, analyze, or verify your entries, nor do we verify your identity, capacity, or authority to act. You are solely responsible for determining whether this document meets your needs and for completing all required execution formalities (signatures, witnesses, notarization, or recording) in accordance with your state's laws. For any legal questions, consult a licensed attorney in your state.

Frequently Asked Questions

A revocable living trust is a legal document that holds your assets during your lifetime. You remain in full control and can change or revoke it at any time. After death, assets in the trust pass to your beneficiaries without going through probate court.

A will directs how your assets are distributed after death, but it must go through probate court. A revocable living trust transfers assets privately after death, avoiding probate. You can have both — most people with a trust also use a pour-over will to catch any assets not transferred to the trust during their lifetime.

Most assets can be transferred to a revocable living trust, including real estate, bank accounts, investment accounts, vehicles, and personal property. Retirement accounts (401k, IRA) and life insurance typically name the trust as beneficiary rather than being transferred directly.

Yes. A revocable trust can be amended or revoked at any time while you are alive and competent. You can add or remove assets, change beneficiaries, or update trustees as your circumstances change.

You name a trustee to manage the trust. Most people name themselves as trustee during their lifetime, with a successor trustee who takes over if they become incapacitated or pass away. The successor trustee distributes assets to your beneficiaries according to the trust terms.

No. You can establish a revocable trust under the laws of any state, regardless of where you live. The trust is governed by the law of the state named in the trust document. You will still need to follow your home state's rules when transferring specific assets like real estate into the trust.

No. SimplyTrust is not a law firm. This tool provides general information about trust and estate planning options. Consult a licensed attorney for guidance specific to your situation.

What is a Revocable Living Trust?

A revocable living trust is a legal arrangement where you (the grantor) transfer ownership of your assets to a trust during your lifetime. You serve as the initial trustee and retain full control over all trust assets.

When you pass away, the trust distributes assets to your named beneficiaries according to your instructions, without going through probate. This keeps your estate plan private and typically results in a faster distribution.

Unlike a will, which becomes a public record during probate, a trust remains private. You can modify or revoke the trust at any time during your lifetime. Most families pair a revocable trust with a pour-over will as a safety net.

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