@extends('layouts.frontend') @section('title', '| Form Revocable Living Trust') @section('content')
Free Revocable Living Trust
Get Started Grantor Trustee Assets Gifts Beneficiaries Miscellaneous Signing Preview
@csrf
What type of property do you want to put in your Living Trust?
Location
Where do you live?
Grantor
Are you creating this Living Trust with anyone else??
Who are you creating this trust with?
FAQ’s

Who is the grantor?

A grantor or trustor is the person or persons who provide the property and create the trust.

When might I want to create a Living Trust with another person?

Individual Living Trusts are usually appropriate for most people. However, you may want to create a Living Trust with your spouse if you live in a community property state, such as Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, or Wisconsin. You may also want to create a Living Trust with your spouse if you've opted in to a community property system in Alaska or Puerto Rico. In community property states, most property acquired during the marriage (except for gifts and inheritances) is considered community property and is owned jointly by both spouses. Community property retains its community character when a couple moves to a non-community property state and is divided equally upon divorce, annulment, or death. As most property owned by the spouses is owned jointly, placing that property into a joint trust maintains joint ownership and control of the property..
Spouse
Do you have a spouse?
What is your spouse's name?
e.g. William Timothy Smith
e.g. Little Rock
e.g. Little Rock
Your Details
What is your name?
e.g. William Timothy Smith
e.g. Little Rock
Trustee
Will you control your assets as trustee?
Successor Trustee
Who will manage your trust if you and become incapacitated?
@if(count($revocableTrustData['successors']) > 0) @foreach( $revocableTrustData['successors'] as $successor)
First Successor Trustee
Remove
e.g. William Timothy Smith
e.g. Little Rock
e.g. Alabama
@endforeach @else
First Successor Trustee
Remove
e.g. William Timothy Smith
e.g. Little Rock
e.g. Alabama
@endif
Add another trustee
Assets
What assets do you plan to transfer into your Living Trust?
@if(count($revocableTrustData['asset']) > 0) @foreach( $revocableTrustData['asset'] as $asset)
Asset
Remove
@endforeach @else
Asset
Remove
@endif
Add another asset
FAQ’s

What is an asset?

An asset is something you own, such as real estate, vehicles, and personal possessions. Your money, including investments and cash, is also an asset.

How do I transfer assets into my trust?

Transferring assets into your trust, also called funding your trust, is an important step. Right now you're just listing assets to create an inventory to help your trustee. After you complete this document, we'll guide you through the simple process of funding your trust.
Gifts
Do you want to gift anything from your Living Trust?
@if(count($revocableTrustData['gift_recipients']) > 0) @foreach( $revocableTrustData['gift_recipients'] as $gift_recipients)
Recipient
Remove
e.g. William Timothy Smith
city
Recipient is a minor
Name an alternate gift recipient
e.g. William Timothy Smith
city
@endforeach @else
Gift
Recipient
Remove
e.g. William Timothy Smith
city
Recipient is a minor
Name an alternate gift recipient
e.g. William Timothy Smith
city
@endif
Add another gift
FAQ’s

Who can I give a gift to?

Gifts can be made to people, charities, and business entities, such as a partnership or corporation. If you give a gift to a person with a disability, make sure you understand the impact the gift may have on their eligibility for Supplemental Security Income and Medicaid. Cash gifts may disqualify them from these benefits.

Why can I only gift items in the trust?

Your Living Trust can only control the assets you put into the trust.

When will the recipient receive their gift?

Any gifts you list on this page will be given to the gift recipients after you pass away.
Beneficiary Details
Who are your beneficiaries?
@if(count($revocableTrustData['beneficiaries']) > 0) @foreach( $revocableTrustData['beneficiaries'] as $beneficiary)
Beneficiary
Remove
e.g. William Timothy Smith
city
How much of the estate will you give to this beneficiary?
@if(isset($beneficiary['is_minor']) && $beneficiary['is_minor'] > 0) Beneficiary is a minor @else Beneficiary is a minor @endif
@if(isset($beneficiary['alternate_beneficiary'])) Name an alternate beneficiary @else Name an alternate beneficiary @endif
e.g. William Timothy Smith
city
@endforeach @else
Beneficiary
Remove
e.g. William Timothy Smith
city
How much of the estate will you give to this beneficiary?
Beneficiary is a minor Name an alternate beneficiary
e.g. William Timothy Smith
city
@endif
Add Beneficiary Details
FAQ’s

Who can I name as a beneficiary?

You can name an individual, charity, or business entity, such as a partnership or corporation, as a beneficiary.

If you name a person with a disability, make sure you understand the possible impact on their eligibility for Supplemental Security Income and Medicaid.
Additional Terms
Do you want your final taxes and debts to be paid out of your Living Trust?
Do you want your funeral costs and other final expenses to be paid out of your Living Trust?
Pour-Over Will
Does the first grantor want to create a Pour-Over Will now? The Pour-Over Will transfers missed assets into your trust upon your death.
FAQ’s

Why should I have a Pour-Over Will?

In the event you acquire more assets and do not update your Living Trust or do not move the assets into your Living Trust, a Pour-Over Will transfers that missed property into your Living Trust so it is distributed as specified in your Living Trust.

If you do not have a Pour-Over Will, any missed property will be distributed according to law, as if you had died without a will.

Can I give a gift in my Pour-Over Will?

In LawDepot's separate Pour-Over Will you can give gifts of personal clothing, jewelry and furniture to specific beneficiaries outside your Living Trust.
Executor
Do you want your successor trustee to administer your estate?
Who do you want to administer your estate?
@if(count($revocableTrustData['alternate_executors']) > 0) @foreach( $revocableTrustData['alternate_executors'] as $alternate_executor)
Executor
e.g. William Timothy Smith
city
state
@endforeach @else
Executor
e.g. William Timothy Smith
city
@endif
Add another executor
FAQ’s

Who cannot be my executor?

You cannot choose a minor or a convicted felon. Some states also put restrictions on executors who live out of state.

Can my executor also benefit from my Will?

Yes, your executor can still receive gifts in your Will.

Will my executors have to work together?

Yes, your executors will need to be able to cooperate in order to administer your estate.
Signing Details
When will you sign your Living Trust?
Where will you sign your documents?
e.g. William Timothy Smith
city
How many witnesses will sign this Living Trust?
Final Step
Thank you for submitting the form.
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