To set up a Revocable Living Trust in North Carolina, follow these steps:

## 1. Decide What Assets to Include

Determine which assets you want to place in the trust, such as:

- Real estate

- Bank/investment accounts 

- Business interests

- Vehicles

- Other property with titles of ownership

## 2. Choose Trustees

- Name yourself as the initial trustee to maintain control during your lifetime

- Designate a successor trustee to manage the trust if you become incapacitated or pass away

## 3. Identify Beneficiaries 

Specify who will receive the trust assets after your death and under what terms.

## 4. Draft the Trust Document

Work with an estate planning attorney to create a comprehensive trust agreement that:

- Reflects your exact wishes

- Meets all legal requirements

- Addresses potential contingencies

## 5. Execute the Trust

Sign the document along with your chosen trustees and have it properly notarized.

## 6. Fund the Trust

Transfer ownership of your designated assets to the trust's name. This critical step, known as "funding" the trust, may involve:

- Changing property deeds

- Retitling financial accounts

- Updating beneficiary designations

## 7. Review and Update Regularly

Estate planning is an ongoing process. Review your trust periodically and update it as needed when your circumstances change.

While it's technically possible to set up a trust yourself using online templates, it's highly advisable to work with an experienced estate planning attorney. They can ensure your trust is properly structured, legally sound, and fully funded to achieve your goals[1][2].

Remember, a revocable living trust in North Carolina offers several benefits:

- Avoids probate

- Maintains privacy

- Allows for incapacity planning

- Provides flexibility and control over asset distribution[1][3]

By taking the time to set up a revocable living trust correctly, you can ensure a smoother transfer of assets to your beneficiaries and potentially save them time and money in the long run.

Citations:

[1] https://caryestateplanning.com/how-to-set-up-a-trust/

[2] https://smartasset.com/estate-planning/living-trust-north-carolina

[3] https://matuslaw.com/6-different-types-of-trusts-to-consider-using/

[4] https://www.legalzoom.com/articles/create-a-living-trust-in-north-carolina

[5] https://www.carolinafep.com/faqs/what-is-a-revocable-living-trust.cfm

[6] https://caryestateplanning.com/set-up-a-trust/

[7] https://www.ncsecu.org/resources/learn/revocable-living-trust.html

[8] https://www.carolinafep.com/library/a-guide-to-different-trust-types.cfm