Ohio Revocable Living Trust Declaration

Set up a living trust with this Ohio Revocable Living Trust Declaration.

• A Living Trust gives your executor a means of distributing your estate after your death without having to go through Probate Court.
• This is a revocable trust, which means it can be revoked at any time during the grantor's lifetime.
• In this case, the grantor (the person making the trust) also acts as the original Trustee of the trust.
• The net income and principal of the trust estate will be distributed to the grantor during his/her lifetime, so long as he/she is competent.
• Upon the death of the grantor, the substitute trustee will pay all claims, expenses and taxes, and then distribute part of the trust estate to the grantor's spouse and put the rest into a family trust, which the trustee will administer in accordance with the terms of the Declaration.

This comprehensive Ohio Revocable Living Trust Declaration is downloadable and fully editable to fit your particular circumstances.