Wills and Trusts - Chart 2

1

2

3

4

5

Create a Revocable Living Trust

1

Select a Trustee

2

Assets Transferred to Living Trust

3

Distributions During Your Lifetime

4

Heirs/ Beneficiaries Receive Assets After Your Death

5

2

3

4

5

1

3

4

5

1

4

5

2

1

2

5

3

1

2

3

4

1

Create a Revocable Living Trust

1

Create a Revocable Living Trust

Select a Trustee

2

Assets Transferred to Living Trust

3

Select a Trustee

2

1

Create a Revocable Living Trust

Distributions During Your Lifetime

4

Assets Transferred to Living Trust

3

Select a Trustee

2

1

Create a Revocable Living Trust

Heirs/ Beneficiaries Receive Assets After Your Death

5

Distributions During Your Lifetime

4

Assets Transferred to Living Trust

3

Select a Trustee

2

5

4

3

2

1

1

Create a Revocable Living Trust

Distributions During Your Lifetime

4

Assets Transferred to Living Trust

3

Select a Trustee

2

4

5

3

2

1

1

Create a Revocable Living Trust

Assets Transferred to Living Trust

3

Select a Trustee

2

3

5

4

2

1

1

Create a Revocable Living Trust

Select a Trustee

2

2

5

4

3

1

1

Create a Revocable Living Trust

1

5

4

3

2

1

Create a Revocable Living Trust