This type of trust is created by a grantor (or settlor) who transfers property to a trustee who then manages the property and possibly distributes assets for the benefit of beneficiaries. A revocable trust may be used for a variety of reasons but the most common reason is to avoid the probate process. As the name implied, it can be revoked.
Revocable Trust
Jayne is a partner at the law firm Sykora & Santini. Prior to law school, Jayne began her professional career as a marketing professional for American Republic Insurance Company in Des Moines, Iowa.
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