Question

a trust that can not be modified or terminated by the grantor is called

a trust that can not be modified or terminated by the grantor is called

Homework Answers

Answer #1

a trust that can not be modified or terminated by the grantor is called Irrevocable Trust

Irrevocable Trusts are called Irrevocable because they cannot be amended or revoked at will by the beneficiary or the grantor. They can sometimes be modified or terminated by court only.

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