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Download a Wyoming Revocable Living Trust form which allows a grantor (the individual creating the trust), the option to place assets and property in a separate legal entity for the benefit of his or her specified beneficiaries.  Why would an individual want to put assets and property in a separate entity?  One reason is because a trust offers flexibilty to the grantor who is able to include specific conditions or restrictions in the trust which reflect the grantor’s specific family situation.  A trust also offers continuity because it continues to operate even after the grantor passes away.  The trustee, who is appointed by the grantor, is charged with managing the trust as a fiduciary.  A revocable trust can be modified or revoked during the life of the grantor, but it becomes irrevocable after the grantor passes away.