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2. What is an irrevocable beneficiary? - AOL

   www.aol.com/finance/irrevocable-beneficiary...

   Unlike an irrevocable beneficiary, a revocable beneficiary can be changed or removed by the policyholder at any time. When setting up a life insurance policy, you have the ability to decide who ...

3. Estates and Wills: Should You Set Up a Revocable or ... - AOL

   www.aol.com/estates-wills-set-revocable...

   Revocable vs. Irrevocable Trusts. Revocable trusts, as the name implies, can be altered or canceled the creator (grantor) of the trust at any time up until the person’s death. The grantor can ...

4. Choosing a life insurance beneficiary - AOL

   www.aol.com/finance/choosing-life-insurance...

   Revocable beneficiary vs. irrevocable beneficiary A revocable beneficiary is someone who is designated to receive your death benefit when you die but who can also be removed as a beneficiary by ...

5. Trust (law) - Wikipedia

   en.wikipedia.org/wiki/Trust_(law)

   Irrevocable trust: In contrast to a revocable trust, an irrevocable trust is one in which the terms of the trust cannot be amended or revised until the terms or purposes of the trust have been completed. Although in rare cases, a court may change the terms of the trust due to unexpected changes in circumstances that make the trust uneconomical ...

6. Estate planning - Wikipedia

   en.wikipedia.org/wiki/Estate_planning

   Estate planning may involve a will, trusts, beneficiary designations, powers of appointment, property ownership (for example, joint tenancy with rights of survivorship, tenancy in common, tenancy by the entirety), gifts, and powers of attorney (specifically a durable financial power of attorney and a durable medical power of attorney).

7. Asset-protection trust - Wikipedia

   en.wikipedia.org/wiki/Asset-protection_trust

   Such trusts must be irrevocable (a revocable trust will not provide asset protection because and to the extent of the settlor's power to revoke). Most of them contain a spendthrift clause preventing a trust beneficiary from alienating his or her expected interest in favor of a creditor. The spendthrift clause has three general exceptions to the ...

8. Choosing Between a Revocable and Irrevocable Trust for Your ...

   www.aol.com/news/choosing-between-revocable...

   Estate planning is a crucial part of any holistic financial plan. As a financial advisor, you could direct your clients to an estate planning attorney for guidance in this area, but while ...

9. Will I Need to Pay Capital Gains Taxes on My Irrevocable Trust?

   www.aol.com/finance/revocable-vs-irrevocable...

   Continue reading → The post Revocable vs. Irrevocable Trusts appeared first on SmartAsset Blog. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290 ...