Revocable Trust Attorney
Protect Your Assets and Keep Your Family Out of Probate Court
A Properly Drafted Revocable Trust Keeps Your Estate Out Of Probate
Probate in Wyoming is public. Anyone can look up what you owned, who you left it to, and how much it was worth. The probate process can take months, and your family pays court costs and attorney fees out of the estate before they receive a dollar.
A revocable living trust changes that picture entirely. Assets you transfer into the trust during your lifetime pass directly to your beneficiaries when you die, outside of probate court, on your schedule, not the court’s. Your family doesn’t wait to inherit anything. Your estate doesn’t become a matter of public record.
That outcome depends on one thing: the trust has to be done right. That means an estate planning document drafted to comply specifically with Wyoming law, and every relevant asset transferred into the trust’s name before it’s needed. Both of those steps require a revocable trust lawyer who understands Wyoming statutes and how to use them, not a generic online template.
A revocable living trust changes that picture entirely. Assets you transfer into the trust during your lifetime pass directly to your beneficiaries when you die, outside of probate court, on your schedule, not the court’s. Your family doesn’t wait to inherit anything. Your estate doesn’t become a matter of public record.
That outcome depends on one thing: the trust has to be done right. That means an estate planning document drafted to comply specifically with Wyoming law, and every relevant asset transferred into the trust’s name before it’s needed. Both of those steps require a revocable trust lawyer who understands Wyoming statutes and how to use them, not a generic online template.
We Offer Expert Help With Revocable Living Trusts
The concept of a revocable trust is straightforward. The execution is not.
Wyoming estate law requires more than signing a document. Every asset that should be protected by your trust must be correctly titled into it. A home, a brokerage account, a business interest — each one must be formally transferred so the trust actually governs it. Assets that never get retitled don’t get the benefit of the plan. They go through probate anyway. This is where many people discover a gap. They worked with someone who drafted the trust but left the funding incomplete. Or they titled some assets and forgot others. Or they acquired new property after the trust was created and never updated the titling.
There is also the question of structure. A revocable trust is the right tool for many situations, but not every one. For some clients, an irrevocable structure better addresses concerns about Medicaid planning or asset protection from future creditors. Under Wyo. Stat. § 4-10-602, a revocable trust can be amended or revoked at any time unless the trust document expressly states otherwise — that flexibility is valuable, but it also means a revocable trust offers no protection from your own creditors during your lifetime. Knowing which structure fits your goals is a legal question, not a planning preference.
Our job is to make sure the right document is in place, and that it actually works.
Wyoming estate law requires more than signing a document. Every asset that should be protected by your trust must be correctly titled into it. A home, a brokerage account, a business interest — each one must be formally transferred so the trust actually governs it. Assets that never get retitled don’t get the benefit of the plan. They go through probate anyway. This is where many people discover a gap. They worked with someone who drafted the trust but left the funding incomplete. Or they titled some assets and forgot others. Or they acquired new property after the trust was created and never updated the titling.
There is also the question of structure. A revocable trust is the right tool for many situations, but not every one. For some clients, an irrevocable structure better addresses concerns about Medicaid planning or asset protection from future creditors. Under Wyo. Stat. § 4-10-602, a revocable trust can be amended or revoked at any time unless the trust document expressly states otherwise — that flexibility is valuable, but it also means a revocable trust offers no protection from your own creditors during your lifetime. Knowing which structure fits your goals is a legal question, not a planning preference.
Our job is to make sure the right document is in place, and that it actually works.
A Revocable Living Trust Gives You Control Of Your Legacy
A revocable living trust is a flexible estate planning tool that gives you more control than a standard will. With a trust, you can manage and update your assets while you’re alive, and also decide exactly how they should be handled if you become incapacitated or after you pass away.
Avoid Probate
Your family won’t have to go through a lengthy or public legal process to access your assets.
Maintain Your Privacy
Unlike wills, which become public record when filed with the court, a trust keeps your personal affairs confidential.
Planning For Incapacity
If you’re ever unable to make decisions for yourself, the trust already names someone you trust to step in and manage your affairs.
Why Wyoming Residents Choose Olsen Crecelius Legal Group
Our Counsel Goes Beyond the Document
Plenty of attorneys can produce a trust document. Fewer take the time to understand your actual asset picture: the ranch property held in your name alone, the joint accounts you've had for decades, the life insurance policy with an outdated beneficiary designation. We review all of it before we draft anything, because a trust built on incomplete information protects less than it should.
We Advise on Whether a Revocable Trust Is the Right Tool
A revocable trust is appropriate for many Wyoming residents, but not every situation calls for one. A revocable trust does not protect assets from creditors or lawsuits, because you retain full control of those assets during your lifetime. If creditor protection is a primary concern, a different trust structure may serve you better. We assess your goals first and recommend the structure that fits, whether that's a revocable trust, a different trust type, or a combination of tools that accomplish what a revocable trust alone cannot.
A Law Firm With a Direct Hand in Wyoming Trust Law
Founding partner Jared Olsen is a Wyoming State Senator and Chairman of the Senate Judiciary Committee—the committee responsible for the laws governing trusts in this state. That's a level of firsthand knowledge a generic template or an out-of-state firm simply can't match. Combined with managing partner Jared Crecelius and the rest of our team, we draft trusts with a working understanding of how Wyoming courts interpret trust provisions and how county recorders handle deed transfers, not just what the statute says on paper.
“Estate planning is an important and everlasting gift you can give your family. And setting up a smooth inheritance isn’t as hard as you might think.” – Suze Orman
What Our Clients Experience
When you choose Olsen Crecelius Legal Group, you’re more than a case, you’re part of our community. Here is what our past clients have shared about their experiences working with us.
Meet Your Revocable Trust Attorney
Jared Olsen, a founding partner of Olsen Legal Group, LLC, is a dedicated estate planning attorney in Wyoming. He crafts personalized trust and will-centered plans to secure families’ futures with a compassionate approach. A graduate of the University of Wyoming College of Law, Jared also holds a Master of Public Administration from the University of Wyoming and a Bachelor of Science in Political Science from Weber State University.
Recognized with the Wyoming Business Report’s 40 Under 40 and the Greater Cheyenne Chamber of Commerce’s Business Advocate of the Year awards, Jared’s expertise in estate planning, probate law, and estate administration enables him to protect your estate with expert care. Jared remains deeply connected to his community. He is a member of Cheyenne Lodge No. 1 AF&AM, the Wyoming Court Security Commission, the Wyoming Access to Justice Commission, and the Southeast Wyoming Estate Planning Council.
Recognized with the Wyoming Business Report’s 40 Under 40 and the Greater Cheyenne Chamber of Commerce’s Business Advocate of the Year awards, Jared’s expertise in estate planning, probate law, and estate administration enables him to protect your estate with expert care. Jared remains deeply connected to his community. He is a member of Cheyenne Lodge No. 1 AF&AM, the Wyoming Court Security Commission, the Wyoming Access to Justice Commission, and the Southeast Wyoming Estate Planning Council.
Frequently Asked Questions
Is a revocable living trust really necessary for my estate?
It depends on what you own and what you want to accomplish. If you have real property, financial accounts, or a business, and you want your family to avoid probate and keep your affairs private, a properly funded revocable trust is one of the most effective tools available. The alternative is leaving your estate subject to Wyoming probate — a public, court-supervised process that takes time and costs money. Whether a trust is right for your specific situation is exactly what an initial consultation is designed to answer.
Can I still manage my assets if they're in a revocable trust?
Yes. You serve as your own trustee and manage your assets the same way you always have. You can buy and sell property, access accounts, and make financial decisions without restriction. The trust structure operates in the background and becomes relevant when you pass away or become incapacitated.
What if my circumstances change after creating the trust?
The drafting process typically takes a few weeks once we have a clear picture of your assets and goals. Funding the trust — retitling property, updating account beneficiaries, and completing the Laramie County Clerk filings for real estate — takes additional time depending on what you own. We manage that process so you don’t have to track it yourself.
Will a revocable trust protect my assets from creditors?
Not during your lifetime. Because you retain control and can revoke the trust at any time, it doesn’t shield assets from your personal creditors. If creditor protection is a priority, an irrevocable trust structure may be more appropriate for that portion of your planning. We can help you evaluate whether a revocable trust, an irrevocable trust, or a combination of both best fits your goals.
What if I own property in multiple states?
Owning real estate in another state without a trust typically means your family faces probate in that state as well as Wyoming. A properly structured revocable trust can hold property across multiple states, avoiding the need for multiple probate proceedings. We coordinate the asset titling in each jurisdiction so the trust covers your full estate.
Start Building Your Revocable Living Trust Today
Your family's financial future should not depend on what the probate court decides
A revocable living trust, properly drafted and funded under Wyoming law, keeps you in control while you’re living and protects your family from unnecessary delay and expense when you’re not. Contact our Cheyenne office to schedule your consultation. We’ll review your assets and circumstances, explain your options clearly, and help you build a plan that reflects what you actually want.