What are the opposite words for irrevocable trust?
An irrevocable trust is a legal arrangement that cannot be altered or revoked once it has been created. The term "irrevocable" implies that the trust is permanent and cannot be changed. The opposite of an irrevocable trust is a revocable trust, which allows the grantor to modify or terminate the trust during their lifetime. Revocable trusts provide greater flexibility and control for the grantor, but they lack the same level of asset protection and tax benefits as irrevocable trusts. Other antonyms for irrevocable trust include temporary trust, changeable trust, variable trust, and modifiable trust. Depending on the situation, a person may choose a revocable or irrevocable trust as part of their estate plan.
What are the antonyms for Irrevocable trust?
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