A trust in which the person setting it up retains the power to change (revoke) or cancel the trust during his/her lifetime. Opposite of irrevocable trust.

A revocable trust is a living trust that can be modified or revoked by the grantor, or person who establishes the trust and transfers property to it. The trust can be a useful estate-planning tool because when you die, the assets in the trust pass directly to the beneficiaries you’ve named in the trust rather than through your will. But because you [..]

A trust that can be altered or canceled by its grantor. During the life of the trust, any income earned is distributed to the grantor; upon the grantor’s death, the contents of the trust are transferred to its beneficiaries according to the terms of the trust.

Definition A trust that may be altered or terminated during the grantor's lifetime. Since the trust may be altered at any time until the grantor's death, it is considered part of the grantor [..]

A revocable trust is one that may be cancelled at any time by either the grantor or by another person. Unlike the irrevocable trust, estate taxes are not avoidable with the revocable trust. See revisi [..]

see trust

Revocable trust is a legal entity created to hold assets that allows the grantor of the trust to make changes to certain trust provisions. Income generated by trust assets are usually distributed to t [..]

Revocable trust is a trust that can be modified or revoked by the settler. In such trusts, the settlor reserves the right to terminate the trust and recover the trust property and any undistributed in [..]

A trust in which the creator reserves the right to modify or terminate the trust.

A trust that the grantor may change or revoke.

A trust that can be altered or canceled by its grantor. During the life of the trust, any income earned is distributed to the grantor; upon the grantor’s death, the contents of the trust are transferr [..]

A trust in which the creator reserves the right to modify or terminate the trust.

A trust that the grantor may change or revoke.

A trust that can be terminated or revoked by its creator.

A trust that can be terminated or revoked by its creator.

A trust that can be altered or canceled by its grantor. During the life of the trust, any income earned is distributed to the grantor; upon the grantor’s death, the contents of the trust are transferr [..]

A trust that the grantor may change or revoke.

A trust that can be altered or canceled by its grantor. During the life of the trust, any income earned is distributed to the grantor; upon the grantor’s death, the contents of the trust are transferred to its beneficiaries according to the terms of the trust.

A trust that the grantor may change or revoke.

A trust which by its terms may be terminated by the settlor or by another person; opposite of an irrevocable trust.

A trust created by a person to which the person transfers property during his or her lifetime and which can be changed at any time. Property placed into a revocable trust usually avoids probate.

A trust that may altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered [..]