In an irrevocable living trust,the donor relinquishes his title to the property.

Question

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In an irrevocable living trust, the donor (also known as the grantor) transfers title to the property to the trust, meaning they no longer own the property. This is why an irrevocable living trust is considered to be a powerful estate planning tool because it removes assets from the donor's estate, which can help to reduce estate taxes and protect assets from creditors.

In an Irrevocable Living Trust,the Donor Relinquishes His Title to the Property