During the grantor’s lifetime, the trust remains fully revocable assuming that the grantor is mentally competent. After the grantor’s Loss of life, Management passes on the successor trustee named within the trust document. The successor trustee is chargeable for collecting trust assets, paying out legitimate debts and taxes, and distributing https://livingtrustdocumenthelpca00000.blogscribble.com/38877315/an-unbiased-view-of-living-trust-prep-guide-california