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 Does an irrevocable trust ever become revocable?

Answer An irrevocable trust can become revocable with court approval, if it can be demonstrated that such a change will be in the interest of all concerned, and the consent of all the beneficiaries and th... Read More »
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Top Q&A For: Does an irrevocable trust ever become revocable

What is irrevocable trust?

An irrevocable trust is a legal method for owning property. An irrevocable trust, unlike a revocable trust, can only be terminated with the consent of the trustee and the beneficiaries.BasicsA trus... Read More »
http://www.answerbag.com/q_view/1950607

What is an irrevocable trust fund?

An irrevocable trust fund is a legal relationship designed to own money and property in a way that protects the property from creditors, minimizes income and estate taxes and avoids probate. Anybod... Read More »
http://www.answerbag.com/q_view/1969254

What is an irrevocable living trust?

An irrevocable living trust is a legal document that is commonly included in estate plans. Trusts are helpful to protect assets from taxes, creditors, and legal fees when you die.GenerallyA trust i... Read More »
http://www.answerbag.com/q_view/1867040

What is an irrevocable power of attorney?

An irrevocable power of attorney is a legal authorization for somebody to act on your behalf even if you later change your mind.GenerallyA power of attorney is a legal document that authorizes anot... Read More »
http://www.answerbag.com/q_view/1868571


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