Wondering whether a revocable living Trust fits your situation? A free role check shows you where you stand.
Start the free role checkWhat a revocable living Trust is
A revocable living Trust is a legal arrangement you create during your life and can change or revoke at any time. You typically serve as your own Trustee while you're able, so day-to-day life doesn't change — but the Trust, not you personally, holds title to the assets you transfer into it.
What it does well in Arizona
- Avoids probate for the assets the Trust owns, so they pass to your beneficiaries privately and without court administration.
- Plans for incapacity — if you can't manage your affairs, your named successor Trustee steps in without a court conservatorship.
- Keeps your affairs private — unlike a will, a Trust is generally not filed in the public court record.
- Lets you stay in control — you can amend or revoke it anytime while you have capacity.
What a revocable living Trust does NOT do
Because you keep full control, a revocable living Trust does not protect your assets from your own creditors, and it does not by itself reduce estate taxes. It is an administration and probate-avoidance tool — not asset protection. Protecting assets is a separate, fact-specific question for a Arizona attorney.
The step people miss: funding the Trust
A Trust only avoids probate for assets actually transferred into it — retitling accounts and property into the Trust's name. An unfunded Trust does little; this is why a “pour-over” will is used as a backstop, and why funding is worth reviewing with a Arizona attorney.
Is a revocable living Trust right for you in Arizona?
There is no single right answer — it depends on your assets, your family, and your goals, and many plans pair a Trust with a will and directives. This page is general information, not legal advice. A free role check can show you where you stand, and a Arizona attorney can recommend what fits your situation.
General information about Arizona law, not legal advice.
Frequently asked questions
- Is an Arizona living trust revocable?
- Unless the terms of the trust expressly provide that it is irrevocable, the settlor may revoke or amend it, subject to the terms' limits (A.R.S. § 14-10602(A)); a trust created by a written instrument is amended or revoked only by a written instrument the settlor executes (§ 14-10407).
- Who looks after an Arizona revocable trust if the settlor becomes incapacitated?
- The trustee the trust names, under its terms; while the trust is revocable the trustee's duties are owed exclusively to the settlor (A.R.S. § 14-10603(A)), and the settlor's powers may be exercised by an agent, a conservator or a guardian only as § 14-10602(E) allows.
General information about Arizona law, not legal advice.