South Carolina Living Trust Forms |
Download a South Carolina Living Trust form which provides a way by which you, as the grantor, can put assets and property in a separate entity and direct the assets and property to your designated beneficiaries. A trust provides flexibility to a grantor by allowing the grantor to provide when, how, how much and for what purpose a beneficiary may obtain a distribution. A trust continues in existence even though the grantor passes away. A trustee manages the trust for the benefit of the beneficiaries and acts in their best interests.
Revocable vs. Irrevocable: A Revocable Trust is a trust that can be revoked during the grantor’s lifetime, while an irrevocable trust should not be revoked during the grantor’s lifetime.