From this guy. My opion:
1) decide which state you are in. Trust is managed by state law.
2) you can own titles in a revocable trust, but do not operate it that way.
http://www.keytlaw.com/azllclaw/az-entities/arizona-business-trust/
Warning: Never, never, never, never own or operate a business using a revocable business trust because the trust creator is 100 percent liable for everything that goes wrong and his or her life savings is at risk.
Ease of Formation & Cost
A trust is relatively easy to form if you have a good trust agreement. The trust does not need to file any formation documents with any Arizona governmental agency, pay any formation filing fees or publish any documents in a newspaper.