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What is an irrevocable trust? (4) trust irrevocable this trust is hereby declared to be irrevocable and it shall not at any time, by any person or persons, including the grantor, be. ☐ collect trust property and accept or reject additions to trust property from the grantor or any other person. An irrevocable trust is a trust that cannot be.
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Learn the terms, benefits and drawbacks of creating an irrevocable trust for asset. Download a microsoft word document with a sample declaration of trust for an irrevocable trust in new york. ☐ acquire or sell trust property, for. The trust is created by a grantor.
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