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patrick here head of legal at trust and will today iamp;#39;m going to explain how to set up a living trust online before we get started letamp;#39;s go over some basics a living trust is a type of arrangement that you can use as part of your estate plan itamp;#39;s a legal document that places all of your assets into the trust during your lifetime and explains how you want these assets distributed when you pass away we call it a living trust because itamp;#39;s an arrangement that goes into effect when you set it up it allows you to maintain control of and benefit from the assets that youamp;#39;ve placed into the trust however itamp;#39;s important to note that the trust generally becomes irrevocable meaning no changes can be made to its terms when you pass away now that weamp;#39;re all on the same page about what a living trust is iamp;#39;m going to show you how you can make your own living trust online in just 6 steps step 1 select your online trust service many legal ser