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Equal Distribution This distribution contemplates a sharing of all of the property in the Trust by the beneficiaries. An example is one-half of the property to each of your two children, or one-third of the Trust property to each of your three children. Generally, no specific values of the assets are discussed and no specific gifts or property are usually mentioned.

Trusts can either be revocable or irrevocable. Each trust generally sets forth a provision which enables the Trustor to revoke the trust on the happening of one or more events. In a Revocable Trust, this revocation can occur at the will of the Trustor. Anytime the Trustor decides to revoke the Trust, he/she can.