Understanding a revocable living trust Posted in: News There are a number of estate planning options for people who wish to leave their estates to their heirs. The most common is a will. But another option that is becoming more popular is a revocable living trust. A revocable living trust is an arrangement whereby one person, called a “trustee,” is ...PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!