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Sergio [31]
2 years ago
6

Can someone please explain what is the difference between a revocable and irrevocable trust and what is a probate process? Why d

o I need a trust?
Law
1 answer:
SIZIF [17.4K]2 years ago
4 0

Answer:

The difference between a revocable and irrevocable trust would be; A revocable living trust becomes irrevocable when the grantor dies because he's no longer available to make changes to it. But a revocable trust can be designed to break into separate irrevocable trusts at the time of the grantor's death for the benefit of children or other beneficiaries.

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