Final answer:
Beneficiaries cannot change the conditions of a revocable living trust; only the grantor has this ability while alive. After the grantor's death, the trust usually becomes irrevocable and the terms cannot be altered by the beneficiaries.
Step-by-step explanation:
With a revocable living trust, beneficiaries do not have the authority to change the conditions of the trust. It is the grantor, the individual who sets up the trust, who retains the right to alter or revoke the trust at any time during their life.
Once the grantor passes away, the trust typically becomes irrevocable, meaning the terms of the trust cannot be changed by the beneficiaries. The assets within the trust and its instructions are then administered and transferred by the trustee under the terms set forth by the deceased.