A Revocable Trust, also referred to as a “Grantor Trust,” contains provisions one typically thinks of being contained in a will, i.e.: “I hereby leave my house to my daughter, Rose.” Placing assets such as real property in a trust acts to transfer ownership of the asset while the grantor of the trust is still alive, so that after the grantor passes away, there is no change in title to the asset and the asset passes under the provisions of the trust to the intended recipient–thereby avoiding the formal probate process. If you change your mind, a revocable trust can be revoked at any time during your lifetime. Also, assets placed in trust are generally protected from creditors. The Eidson Law Firm can help you form a trust that protects your assets and permits you to pass them on to your loved ones outside of the probate process.