You don’t lose control of the assets in the trust while you are living, but after you die, the resources are distributed among the beneficiaries outside of the probate process.
Revocable living trusts are very useful for people who want to facilitate fast and efficient postmortem asset transfers. You don’t lose control of the assets in the trust while you are living, but after you die, the resources are distributed among the beneficiaries outside of the probate process.
