Loading...Download this Indiana Revocable Living Trust form. A person can use this form to put aside selected assets and property to be held for the benefit of his or her chosen beneficiaries. The person who sets aside the property is called the grantor. There are many reasons people use trusts, including that it provides more flexibility than a will and that it more private than a will. With a trust you can choose how and when you want your property distributed. You can also choose a trustee who will be in charge of managing the trust for the benefit of the beneficiaries.
A revocable trust can be changed or revoked during the life of the grantor but becomes irrevocable after the grantor’s death.