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lora16 [44]
3 years ago
14

A(n) ____ cannot be changed or ended. irrevocable trust living will power of attorney revocable trust will

Business
1 answer:
xxMikexx [17]3 years ago
5 0
<span>Like its name implies, an irrevocable trust cannot be changed or ended. Grantors who transfer their assets into such a trust are effectively gifting them to it, revoking their ownership of said assets. This trust is often used as a more tax-effective way to protect an estate.</span>
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