A revocable trust is a type of trust that can be altered, amended, or terminated by the person who created it (the "grantor") at any time during their lifetime. This flexibility allows the grantor to make changes to the trust's terms, including adding or removing assets, changing beneficiaries, or even dissolving the trust altogether.
A revocable trust is a type of trust that can be altered, amended, or terminated by the person who created it (the "grantor") at any time during their lifetime. This flexibility allows the grantor to make changes to the trust's terms, including adding or removing assets, changing beneficiaries, or even dissolving the trust altogether.