Download this Oklahoma Revocable Living Trust form which provides a method of making sure your wishes as to your assets and property are carried out after your passing. Why would you use a trust? A trust is a private document, unlike a will. A trust provides continuity because it is a separate entity that continues in existence after your passing. A trust also provides flexibility in that it may be drafted to reflect the circumstances and values of the grantor. For instance, a grantor may have a child who he fears would use the funds to buy a corvette, before he thought of paying for his education. The grantor may specify in the trust document that funds should only be disbursed for education purposes until the child has obtained his college degree. A revocable trust can be modified or changed during the life of the grantor and the assets in the trust are considered part of the grantor’s estate.