Wyoming Living Trust Forms
Download a Wyoming Living Trust form in order to make up an entity into which you may play your chosen property or assets to be held for the benefit of your loved ones. The person who creates the trust, or the grantor, has the ability to choose provisions that reflect different family circumstances and values. As an example, the individual might want to make sure his or her loved ones have reached a mature age such that the funds are more likely to be spent wisely. or an individual might be concenred that his or her loved ones receive an education so they might include provisions requiring that funds spent go to education expenses.
Revocable vs. Irrevocable: A grantor may make changes or revoke a revocable trust before he or she dies, but the trust becomes irrevocable thereafter. An irrevocable trust is not meant to be revoked or changed during the life of the grantor due to certain tax issues that may be involved.