You have questions - we have ansewers

A trust is an entity created to own property for a specific purpose.  It must have 4 things: a settlor, property, a trustee, and a beneficiary.

This is a trust that can be modified or revoked.  Usually the revocable trust will convert to an irrevocable trust at a specified time.

Whether you are young or old, rich or poor married or single, if you owned titled assets such as a house and want your loved ones to avoid court interference at your death or incapacity, consider a revocable living trust. A trust allows you to bring all of your assets together under one plan.