revocable
Example Sentences
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These compressed, higher tax brackets mostly apply to irrevocable, “nongrantor” trusts rather than revocable trusts, because they are treated as separate, standalone taxpayers by the IRS.
From MarketWatch • May 23, 2026
I have all my assets in a revocable trust, with my children as trustees and beneficiaries.
From MarketWatch • May 23, 2026
“An IRA must be owned by a natural person and so cannot be owned by a trust, including a revocable trust, during the account owner’s lifetime,” Carbone says.
From MarketWatch • Mar. 31, 2026
A revocable living trust can help simplify the management of your finances if you become incapacitated and would typically allow your son to access his inheritance more quickly than if they had gone through probate.
From MarketWatch • Feb. 21, 2026
As it amounted to a conveyance out-and-out of the Testator's estate, it was not revocable.
From Ancient Law Its Connection to the History of Early Society by Maine, Henry Sumner, Sir