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请输入英文单字，中文词皆可：

revocable    音标拼音: [r'ɛvəkəbəl]
a. 可废止的,可取消的

可废止的,可取消的

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  • Estate Planning: What Is a Revocable Trust? - ElderLawAnswers
    Funding a Revocable Living Trust The secret to making revocable trusts work is to fund them This means retitling assets, whether real estate, bank accounts, or investment accounts, in the name of the trust All too often, attorneys draw up estate planning documents, advise clients to fund their trusts, and then nothing happens
  • Can Creator of a Revocable Trust Make Changes? - ElderLawAnswers
    The creator of a revocable trust, often called the "grantor," "donor," or "trustor," can make whatever changes she wants She does not have to tell the beneficiaries that she is changing trustees, but she does need to inform the current trustee Otherwise, the trustee may continue acting in that role with no knowledge that she has been removed
  • Understanding the Common Types of Trusts - ElderLawAnswers
    Revocable trusts are generally used for the following purposes: Managing and protecting assets: Revocable trusts permit the named trustee to administer and invest the trust property for the benefit of one or more beneficiaries Avoiding probate: At the death of the trust grantor, the trust property passes to whoever is named in the trust It
  • Caution: Use of Revocable Trust May Void Homestead Protection
    However, placing the home in a revocable trust may void this homestead protection The use of revocable trusts, which often are employed as a way to avoid probate, has been on the rise But two bankruptcy courts have reached different conclusions on the question of whether a home in such a trust is entitled to the homestead exemption
  • Living Trust vs. Irrevocable Trust: Whats the Difference?
    Revocable Trust vs Irrevocable Trust: Differences in Structure Once you establish an irrevocable trust, you cannot cancel or revoke it The person creating the trust, sometimes called the “grantor,” transfers assets into the trust and permanently gives up all claims to them A trustee then carries out the instructions spelled out in the
  • Is It Legal for Me to See Documents From a Revocable Trust?
    Probably, yes Typically, beneficiaries to revocable trusts have no rights But revocable trusts become irrevocable upon the death of the grantor, at which point beneficiaries do have rights because their status becomes permanent The problem is there’s a bit of a chicken-and-egg situation
  • Will Making My Trust Irrevocable Mean a Medicaid Penalty? - ElderLawAnswers
    No The creation and funding of an irrevocable trust, whether creating a brand-new trust or amending a revocable trust to make it irrevocable, within five years of applying for Medicaid will result in a Medicaid penalty period You could end up being ineligible for Medicaid benefits for up to five years
  • Pros and Cons of a Medicaid Asset Protection Trust - ElderLawAnswers
    This differs from a revocable living trust, to which you can make updates ) The primary goal of a MAPT is to transfer assets to it so that Medicaid will not count these assets toward your resource limit when determining whether you qualify for Medicaid benefits
  • Will Making Revocable Trust Irrevocable Affect Medicaid? - ElderLawAnswers
    Yes A revocable trust for both tax and Medicaid purposes is treated as if the property it holds is in the name of the grantor, which means the assets in the trust can put an applicant over the Medicaid asset limit If you make the trust irrevocable, Medicaid will consider that the same as transferring assets into a new irrevocable trust
  • 5 Rights That a Trust Beneficiary Has - ElderLawAnswers
    If the trust is revocable, the beneficiaries, other than the grantor, have very few rights Because the grantor can change the trust at any time, they can also change the beneficiaries at any time The Rights of a Trust Beneficiary of an Irrevocable Trust Often, a trust is revocable until the grantor dies, and then it becomes irrevocable





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