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Revocable Living Trust

Foundational Estate Planning

Protect Your Family with a Revocable Living Trust

An Arizona revocable living trust can help you stay in control of your assets during your lifetime while giving your loved ones a more private, efficient way to carry out your wishes if you become incapacitated or pass away.

What it does

Stay in Control While Planning Ahead

A Revocable Living Trust lets you transfer assets into a trust while maintaining control of them throughout your lifetime. You decide who manages your trust if you become incapacitated, who receives your assets after you pass away, and how those assets are distributed to your beneficiaries. Unlike a will, a properly funded Revocable Living Trust can help your loved ones avoid probate, maintain privacy, and reduce delays after you’re gone. It can also provide added protection for minor children, blended families, loved ones with special needs, and beneficiaries who may not be ready to receive an inheritance outright.

Who it’s for

Is a Revocable Living Trust Right for You?

An Arizona revocable living trust may be the right choice if you:
  • Want to put your wishes in writing, choose who inherits your assets, or name a personal representative to administer your estate.
  • Want to name a guardian for your minor children or other dependents instead of leaving that decision to the courts.
  • Are an Arizona homeowner, an unmarried partner, or part of a blended family and don’t want important decisions left to Arizona probate laws.
  • Have an estate below Arizona’s probate threshold ($200,000 in personal property or $300,000 in real estate) and are comfortable with beneficiaries receiving their inheritance outright.
  • Are creating a trust-based estate plan and need a pour-over will to help direct assets left outside your trust.

How it works

Our Four-Step Process

45+
Years Serving Arizona
9
Offices Statewide
3rd
Generation Family Firm
100%
Estate Planning Focus

What's included

Documents you receive.

  • Revocable Living Trust

    Holds your assets and provides instructions for managing and distributing them according to your wishes.

  • Pour-Over Will

    Helps ensure assets left outside your trust are distributed according to your estate plan.

  • Certificate of Trust

    Verifies your trust without revealing the assets and the private provisions of your trust.

  • Health Care Directives

    Documents your medical wishes and authorizes someone you trust to make health care decisions if needed.

  • Durable Power of Attorney

    Allows someone you trust to manage financial and legal matters if you’re incapacitated.

  • Trust Funding Instructions & Assistance

    Guidance on transferring assets into your trust, including deed and vehicle transfers.

  • Customized Planning Provisions

    Additional protections tailored to your loved ones, your assets, and your long-term goals.

Why Phelps LaClair

46+ years designing trusts that actually work.

Our experienced living trust lawyers have been helping Arizona residents design and implement Living Trusts and Wills for more than 45 years.

We don’t prepare boilerplate estate plans. Each plan is customized to your situation, your assets, and your goals.

We emphasize proper trust funding because an unfunded or poorly funded trust can still leave your loved ones facing probate.

Our relationship-based approach includes ongoing support, plan reviews, educational resources, and trust maintenance services with no annual fees.

Estate planning is our sole focus, allowing us to provide personalized guidance backed by decades of experience.

What it costs

Straightforward Pricing. No Surprises.

Custom Quote

A comprehensive Revocable Living Trust plan typically ranges from $2,500–$5,500+, depending on your individual needs and the complexity of your estate. We provide a flat-fee quote during your free consultation, so you’ll know the cost before any work begins.

Common questions

Your Revocable Living Trust Questions, Answered

  • No. You serve as your own trustee during your lifetime and can continue managing, buying, selling, or transferring assets as needed.

  • Yes, if it is properly funded. Assets titled in the name of the trust can be administered privately without the costs, delays, and court involvement of probate.

  • Yes. Because the trust is revocable, you can update, amend, or revoke it during your lifetime as long as you are legally competent.

  • A will outlines your wishes, but it does not avoid probate on its own. A properly funded Revocable Living Trust provides privacy, eliminates court involvement, helps plan for incapacity, and makes the administration of your estate easier for your loved ones.

  • Yes and no. A Revocable Living Trust does not protect the creator of the trust from creditors or lawsuits. However, with customized planning, it can protect beneficiaries from creditors, divorces, lawsuits, or poor financial decisions.

  • The cost depends on the complexity of your estate and your individual planning goals. Arizona attorneys typically charge from $2,500–$5,500+ for a comprehensive Revocable Living Trust. We’ll provide a flat-fee quote during your free consultation, so you’ll know the cost before any work begins.

This information is educational and not a substitute for advice from a licensed Arizona attorney.

Often paired with

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    Health Care Directives

    Health Care Directives, also known as medical directives or advanced directives, help ensure your medical wishes are clearly documented before a crisis occurs. A Living Will, Health Care Power of Attorney, Mental Health Power of Attorney, and HIPAA Authorization work together to guide your medical agents if you're unable to speak for yourself.
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Get started

Personalized Guidance Starts Here

Meet with one of our attorneys to discuss your situation, your assets, and what matters most to you. We'll answer your questions and provide clear, upfront pricing with no obligation.