Loading...Download the Alabama revocable living trust form that allows a individual (the ‘Grantor’) to transfer property into the hands of someone else, known as the ‘Trustee’, for a period of time. Most commonly, the period of time the property is transferred into the possession of the trustee is until the end of the grantor’s life. Afterwards, the stated property in the living trust is transferred to the individuals known as the ‘Beneficiary(ies)’.
Unlike an irrevocable trust, under the revocable form the grantor may change or alter any part of the document and at anytime before their death. Nevertheless, the form must still be signed, after it has been fully completed, in front of a notary public licensed in the State.