Oklahoma Living Trust Forms
Download the Oklahoma Living Trust form which provides a way for you to designate and set aside property and assets that you want to be held for your beneficiaries. You, as grantor, appoint a trustee, who will manage the trust. The trust continues after you pass, thus providing continuity. You, as the grantor, can put conditions and restrictions on the disbursement of funds from your trust, thus providing flexibility.
Revocable vs. Irrevocable: An irrevocable trust may not be changed or revoked without the possibility of incurring tax or other penalties. A revocable trust may be revoked or changed during the life of the grantor, but it becomes irrevocable after the grantor passes.