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8 March, 10:34

What is the difference between a revocable and irrevocable trust

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  1. 8 March, 10:49
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    The difference between a revocable and irrevocable trust would be; A revocable living trust becomes irrevocable when the grantor dies because he's no longer available to make changes to it. But a revocable trust can be designed to break into separate irrevocable trusts at the time of the grantor's death for the benefit of children or other beneficiaries.
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