Sentences with phrase «terminating irrevocable trusts»

Not exact matches

Unlike a revocable living trust, an irrevocable trust can not be modified or terminated.

Trusts can be either revocable (meaning they can be undone at some future point) or irrevocable (meaning they can not be terminated in the future).

Irrevocable Life Insurance Trust (ILIT): An irrevocable trust is a trust which can not be terminated by the donorIrrevocable Life Insurance Trust (ILIT): An irrevocable trust is a trust which can not be terminated by the donor (granTrust (ILIT): An irrevocable trust is a trust which can not be terminated by the donorirrevocable trust is a trust which can not be terminated by the donor (grantrust is a trust which can not be terminated by the donor (grantrust which can not be terminated by the donor (grantor).

Irrevocable Trust: A trust that may not be modified or terminated by the trustor after its creaTrust: A trust that may not be modified or terminated by the trustor after its creatrust that may not be modified or terminated by the trustor after its creation.