Yes, a will can be irrevocable in certain contexts, particularly in relation to specific types of trusts, such as irrevocable trusts. Once established, an irrevocable trust cannot be altered or revoked by the grantor without the consent of the beneficiaries. However, standard wills are generally revocable, allowing individuals to change them at any time before death. It's important to consult legal guidance for specific situations and nuances related to estate planning.
Generally, an irrevocable trust is titled 'irrevocable' or is designated as such somewhere in the first few paragraphs.
At least in British English, it is the second syllable: irrEvocable.
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The term irrevocable can be describes as something that cannot be reversed or revoked. The word irrevocable has be used to describe ones love for another or commitment.
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You can get information on what a irrevocable trust is at the following sites I found for you to have a look at www.dummies.com/.../revocable-versus-irrevocable-trusts.htm ,en.wikipedia.org/wiki/Trust_law
An irrevocable resignation implies that the one who resigns cannot change his or her mind about the decision.
An irrevocable resignation implies that the one who resigns cannot change his or her mind about the decision.
No. A testamentary trust is irrevocable. The maker is deceased and cannot revoke it.No. A testamentary trust is irrevocable. The maker is deceased and cannot revoke it.No. A testamentary trust is irrevocable. The maker is deceased and cannot revoke it.No. A testamentary trust is irrevocable. The maker is deceased and cannot revoke it.
Can you protect your assets from bankruptcy by placing them in an irrevocable trust?
if a settlor of an irrevocable trust feels that he was not properly informed by his attorney of all the restrictions what can he do
The primary accent for "irrevocable" is on the third syllable, pronounced as i-REV-o-ca-ble.