Unlocking Peace of Mind: A Comprehensive Look at Revocable Trusts in Utah Estate planning is a critical process for anyone looking to ensure their wishes are honored and their loved ones are provided for after they're gone. While many people think first of a Last Will and Testament, a revocable living trust is often a more powerful and versatile tool, particularly here in Utah. If you're considering how best to manage your assets during your lifetime and facilitate their transfer upon your death, understanding the nuances of a revocable trust is essential. What Exactly is a Revocable Living Trust? At its core, a revocable living trust is a legal document that allows you to place your assets into a trust for your benefit during your lifetime, and then have them distributed to your chosen beneficiaries after your passing. It's called "revocable" because you, as the creator (known as the "grantor" or "settlor"), maintain compl...