IRREVOCABLE Definition Meaning - Merriam-Webster Irrevocable has a formal sound to it and is often used in legal contexts Irrevocable trusts are trust funds that cannot be dissolved by the people who created them (the other kind is a revocable trust)
IRREVOCABLE Definition Meaning | Dictionary. com IRREVOCABLE definition: not to be revoked or recalled; unable to be repealed or annulled; unalterable See examples of irrevocable used in a sentence
IRREVOCABLE | definition in the Cambridge English Dictionary Defining the future with absolute, irrevocable certainty is rarely possible This is in stark contrast to the attitude in previous generations, where marriage was assumed to be a lifelong, irrevocable commitment
What Is an Irrevocable Trust and How Does It Work? An irrevocable trust is a legal arrangement in which you permanently transfer ownership of assets to a trust, giving up the right to change its terms, reclaim the property, or shut it down
Does a Revocable Trust Become Irrevocable After Death? Once the grantor dies, the trust automatically becomes irrevocable This means no one, not even the successor trustee or beneficiaries, can alter the terms unless the trust contains specific conditions for modification or it is allowable under state law