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What is a Revocable Trust?

Answer #527 -- ( Published 03/20/2006 04:13 PM | Updated 07/12/2017 10:38 AM )

What is a Revocable Trust?

A Revocable Trust is any trust that is set up in such a way that the grantor reserves the right to revoke the trust at any time and remains in control of his assets.

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