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FAQ #9934

What is a revocable trust?

Related resource areas: Personal Finance


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A revocable trust is a type of trust where you (the grantor) have the power to change or revoke the document. For example, you can change the terms of the trust or cancel it completely. Inter vivos (living) trusts are revocable if the grantor can change the terms of the trust during his/her lifetime at any time for any reason.

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