Revocable Trust: A trust that the grantor may change or revoke.
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Revocable trust - A trust that the grantor may change or revoke.
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Revocable trust: A trust that can be changed after it has been established. A revocable trust becomes irrevocable upon the death of the grantor.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z ...
Revocable trust A trust that the grantor may change or revoke.
Revoke To cancel or nullify a legal document.
Right of way The right of a party to pass over the land of another.
Revocable Trust: A cancelable arrangement created by a person ("Grantor"), whereby the Grantor transfers property to a trustee to be held for the benefit of the Grantor while alive, then distributed to named beneficiaries.
Revocable trust
Definition
: a trust over which the settlor has retained the power of revocation
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An irrevocable trust created by a married couple to avoid probate and minimize federal estate tax.
Charitable Remainder Trust A kind of charitable trust in which someone places substantial assets into an irrevocable trust.
There are numerous types of trusts, including "revocable trusts" created to handle the trustors' assets (with the trustor acting as initial trustee), ...
The elective share in Florida gives a surviving spouse 30% of the elective estate, which includes all property owned by the decedent, property given away within one year of death, property inside a revocable trust (also known as a Living Trust), ...
 See also: Trust, Law, Estate, Will, Revoke
  
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