Revocable Living Trust Template

What Is the Revocable Living Trust Template?

A revocable living trust is a legal document that holds your assets during your lifetime and distributes them after your death without probate court involvement. You maintain complete control—you can change beneficiaries, add or remove assets, or revoke the trust entirely whenever you want.

This template includes everything you need: trustee appointment provisions, incapacity planning, beneficiary designations, continuing trust options for minor children, and comprehensive distribution instructions. It works for single individuals or married couples and handles real estate, bank accounts, investments, business interests, and personal property.

 

 

Is This Revocable Living Trust Template Right for You?

You need this agreement if you're:

• Anyone who owns a home or significant assets
• Someone who values privacy over public probate proceedings
• A parent wanting to name guardians and trustees for minor children
• An individual concerned about management during incapacity
• Anyone wanting to avoid 6-18 months of probate delays
• A property owner in multiple states facing multiple probate proceedings

You definitely need this agreement if:

• You own real estate you want your family to inherit quickly
• Your assets total more than $50,000 (most state probate thresholds)
• You have minor children and need continuing trusts for them
• You want to avoid your family spending thousands on probate attorneys
• You run a business that requires uninterrupted management

 

Why Thousands Trust Legal GPS Templates

Save Money: Attorneys charge $2,500-5,000 for living trusts. Our template costs $35 and includes the same provisions.

Save Time: Download instantly and complete in 2-3 hours instead of scheduling multiple attorney appointments over several weeks.

Look Professional: Attorney-quality language that financial institutions, title companies, and courts accept without question.

Keeps You Out of Court: The Spendthrift Provision protects beneficiaries from creditors, the No Contest Clause prevents family disputes, and the Incapacity Provisions eliminate the need for court-appointed conservatorships.

 

 

 

Get Protected in 3 Simple Steps

Step 1: Secure Checkout

Purchase and download your revocable living trust template immediately. Fully editable and reusable for your situation.

Step 2: Instant Download

Receive your professional trust agreement template in Microsoft Word format plus a comprehensive how-to guide.

Step 3: Fill In the Highlighted Fields

Complete the customization blanks, choose your trustee and beneficiaries, transfer your assets, and sign before a notary. Your trust takes effect immediately.

 

Frequently Asked Questions

Can I use this template multiple times?

Yes. Use it for yourself, recommend it to family members, or create multiple trusts for different purposes. You own the template.

Is this contract legally binding?

Yes. When properly executed with notarization and funded with your assets, this creates a legally enforceable trust recognized by courts, banks, and other institutions.

Do I need an attorney to create a living trust?

Not for straightforward situations. If you have a blended family, complex assets, tax concerns with estates over $13 million, or creditor protection needs, consult an attorney. For most people wanting probate avoidance and basic planning, this template works perfectly.

How do I transfer assets into my trust?

Real estate requires a deed recorded with your county. Bank and investment accounts require retitling forms from your financial institutions. The template includes detailed funding instructions and a property schedule to track what you've transferred.

Can I change my trust after I create it?

Yes. That's what "revocable" means. You can amend beneficiaries, change trustees, add or remove assets, modify any provision, or revoke the trust entirely during your lifetime. The trust only becomes irrevocable after your death.

What happens to retirement accounts and life insurance?

Don't transfer IRAs or 401(k)s to your trust—this triggers immediate taxation. These accounts pass to named beneficiaries outside the trust. You can name the trust as beneficiary if you want trustee control, but this has tax implications you should discuss with a financial advisor.