No, a revocable living trust is not a natural person. A revocable living trust is a legal entity created by a person or persons, where the person or persons are referred to as the settlor or settlors. The settlor or settlors are the individuals who own and control the trust, and can use it to manage and transfer assets. A revocable living trust can own assets and hold title to property, but it is not a natural person and does not have many of the rights and duties that a natural person holds.