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Download this Utah Revocable Living Trust form which, if prepared, maintained and executed properly can be a valuable estate planning tool.  A trust provides the grantor (the one who creates the trust) with flexibility as to the conditions and restrictions he or she places on the funds in the trust before they can be distributed to the beneficiaries.  The trust is also continuous, in that it exists separate from the grantor and therefore srvices the grantor.  A trust is also a private document which is important to many people.  The granor appoints a trusted person to be the trustee.  The trustee is obligated to manage the trust in a fiduciary capacity for the benefit of the beneficiaries.  A revocable trust can be modified or revoked during the life of the grantor, but becomes irrevocable upon the grantor’s death.

 

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