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Download this New Hampshire Revocable Living Trust form which lets you decide how and when your property and assets will be distributed to your loved ones.  A trust is flexible because it allows the grantor to place conditions or restrictions on how and whne the funds from the trust are spent depending on his circumstances.  A grantor may not want his spendthrift eighteen year old to receive her share until she has reached a certain age.  Or a grantor may decide that the funds in his trust should be used for education expenses for his beneficiaries.  A revocable trust can be modified or changed during the life of the grantor.  It becomes irrevocable after his or her death, however.