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If I set up a Revocable Living Trust (“RLT”), can I be my own trustee?

Yes. In fact, most people who create RLT act as their own trustee. If you are married, you and your spouse can act as co-trustees. During your life, you will have complete control over all of the assets in your trust. In the event of your incapacity your hand-picked successor trustee assumes control over your affairs.