Free Pennsylvania Revocable Living Trust Form. A trust provides the grantor with. A revocable living trust is a document created during the lifetime of the grantor (the person who creates the trust, sometimes called the trustor).
Learn what a Pennsylvania living trust can do for you.
A revocable living trust is created by an individual (the Grantor) for the purpose of holding their assets and property, and in order to dictate how said assets and property will be Once the Grantor dies, a revocable trust becomes irrevocable and the Trustee (or Successor Trustee) will distribute assets.
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The trustee is free to move the trust to a new jurisdiction, such as a new state. An increasingly popular estate planning tool, a Living Trust is a legal document that allows for the transfer of property to the persons or organizations named in the Living. A common reason people create living trusts is to avoid the probate process.
