What Is A Revocable Living Trust?
A revocable living trust is simply a living trust that you can keep on adjusting according to changing circumstances in your life. Anyone over the age of eighteen years is qualified to make a revocable living trust, and much like a will, the clauses of the revocable living can be changed. This enables the person to keep the living trust always in accordance with their own wishes. On the other hand, there is an irrevocable living trust too, which cannot be changed once it is laid down.
