California Living Trust Forms
Download the California Living Trust form which allows you to create a separate entity to hold your chosen assets and property which will continue during your life and after your death until the assets are distributed. A trustee of your choosing is obligated to administer the trust in a manner which is in the best interest of your beneficiaries. As the person creating the trust, you can dictate how and when you want your assets distributed to your beneficiaries. Some trusts require beneficiaries to reach a certain age before there is a distribution. Some trusts allow payments for certain expenses, like education and health.
Revocable vs. Irrevocable: A revocable trust is a trust which can be revoked by the grantor cduring his or her lifetime. It becomes irrevocable upon the death of the grantor. An irrevocable trust is a trust which is not meant to be changed or revoked by the grantor once it is effectively created and executed.