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WebbSAMPLE Basic Shared Living Trust I. Trust Name. This trust shall be known as The ____________ [ (1) your names] ___________ Living Trust. II. Trust Property. (A) Property … WebbShared living trust. If you made a trust with your spouse or partner, then while both of you are alive, you both must agree to amend any provision of the trust document -- for example, to change a beneficiary, a successor trustee or the property management set up for a young beneficiary. WebbYour Living Trust is a form of ownership with roots in English common law. It has been recognized for centuries. The government has no interest in making you go through a living probate (guardianship) or a death probate. Those proceedings only create more of a backlog in the court system. Can I Name Trustees & Beneficiaries Who Live Out of State? incense nag champa