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Irrevocable Trust Form

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Instructions and help about Irrevocable Trust

all right when we're talking about trust we're typically talking about two different types of trust one of them is going to be a revocable trust the other one is going to be an irrevocable trust both of those we're typically going to call them living trust and for the majority of people uh your kind of centerpiece the main thing that you have in place for your estate plan is typically going to be the revocable trust revocable meaning that or we might say revocable meaning that it can be changed so you know you can change the terms you can change you know the distributions you can change the beneficiaries all that sort of stuff and for those types of trust most of the time if you are a single person your trust is revocable while you are alive and then once you pass away it converts to be what's called irrevocable or irrevocable meaning that it cannot be changed for a married couple typically it's revocable while you're both alive when one

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