Estate Planning & Living Trusts
31. You keep control
You still have full control of the assets in your trust. As trustee of your trust, you can do anything with your assets that you could do before you put them in your trust.
You can buy and sell assets, change your trust or even cancel it -- that's why it's called a REVOCABLE living trust.
You even file the same tax returns. NOTHING CHANGES -- except the names on the titles.
Plus, your trust contains your written instructions for what you want to happen to your assets if you become incapacitated and when you die.
In fact, you'll actually have MORE control with your assets in a living trust than you do now.