Drafting Joint Revocable Trusts (including new Community Property Trusts) in InterActive Legal
All InterActive Legal drafting systems include a Joint Revocable Trust, which operates as one combined estate planning document for a married couple or unmarried partners. As a revocable trust, this document also is intended for incapacity planning, and includes provisions for managing trust assets for the benefit of the grantors (and later the surviving grantor) during lifetime, as well as provisions for disposing of property at each spouse’s death. Because this document includes the estate plan for two separate individuals, it includes some drafting options that differ from those in a standard (one-grantor) revocable trust or last will and testament.