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An Indiana revocable living trust is a legal document created to hold ownership of an individual's assets during their lifetime and distribute them according to their wishes upon their passing.
The creator of the trust, also known as the grantor, is required to file the Indiana revocable living trust.
To fill out an Indiana revocable living trust, the grantor must list all assets to be included in the trust, name a trustee to manage the trust, and specify the beneficiaries who will receive the assets.
The purpose of an Indiana revocable living trust is to avoid probate, protect assets, and provide for the seamless transfer of assets upon the grantor's passing.
Information such as the grantor's assets, trustee's contact information, beneficiary details, and any specific instructions regarding asset distribution must be reported on an Indiana revocable living trust.
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