Question: How do you know whether a trust is revocable or irrevocable? The terms of the trust will dictate whether is is revocable or irnevocable and

How do you know whether a trust is revocable or irrevocable?
The terms of the trust will dictate whether is is revocable or irnevocable and if revocable, when it may become irrevocable.
All trusts are presumed revocable uniess they specificaly say they are irrevocable.
Wou have no contact the lbs and ant
The client should be able to tell you.
How do you know whether a trust is revocable or

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!