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The meaning of revocable is capable of being revoked. This guide explains pros and cons of both options. Revocable trusts let the living grantor change instructions, remove assets, or terminate the trust. Learn what a revocable trust is, how it works, and why it may be a smart estate planning strategy. Irrevocable trusts can't be changed.
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Is revocable, someone can say officially that it is no longer in…. The meaning of revocable is capable of being revoked. If an agreement, a law, etc. Revocable trusts let the living grantor change instructions, remove assets, or terminate the trust.
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