Revocable Living Trust
Planning & BudgetingA trust that can be modified during the grantor's lifetime, allowing assets to pass to beneficiaries without probate.
Example
Example: For someone earning $60,000/year trying to build a solid financial plan, understanding revocable living trust is a key piece of the puzzle. Applied to a monthly budget, this concept could help you save an extra $200-$500/month. Build your plan with our 50/30/20 budget calculator.