South Dakota Living Trust Forms
Download a South Dakota Living Trust form which allows you, as the grantor, to place personal or real property and assets in a separate entity and direct that wealth to your chosen beneficiaries. A trust affords flexibility to a grantor by permitting the grantor to specify when, how, how much and for what purpose a beneficiary may receive funds from the trust. A trust provides continuity of asset management because a trust continues in existence even though the grantor may pass away. The 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.