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Download this Arkansas Revocable Living Trust form in order to move your chosen assets or property into a separate entity.  When you create a trust you choose a trustee to administer the trust and make sure the provisions of your trust are carried out.  You as grantor, also designate beneficiaries who will receive the assets at a specified time.  The trustee has a fiduciary responsibility to administer the trust in a way that benefits your beneficiaries.

Unlike an irrevocable trust, a revocable trust may be changed or terminated during the life of a grantor, but becomes irrevocable after the grantor dies.