Mediator Revocable Living Trust

Revocable Trust in Australia

A revocable living trust is a flexible estate planning tool that allows you to manage assets, bypass probate, and plan for incapacity, complementing other essential documents like your will.

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What Is a Revocable Living Trust and How Does It Work

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What Is a Revocable Living Trust ? A revocable living trust , also known simply as a revocable trust , is a written document that determines the handling of your assets after you die. Assets can include real estate, valuable possessions, bank accounts and investments. As with all living trusts , you create it during your lifetime.

One type you may come across is a revocable trust . A type of living trust , a revocable trust is a fiduciary relationship created during an individual's lifetime. This is where a chosen person, the trustee, is given responsibility for managing that individual's assets for the benefit of the eventual beneficiary.

Additional Notes on Mediator Revocable Living Trust

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