An irrevocable trust cannot be changed or undone by the grantor during his or her lifetime.

Question

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An irrevocable trust cannot be changed or revoked by the grantor once it has been established. The grantor gives up control over the assets and the trust becomes its own legal entity with its own tax ID number. Exceptions to this rule may exist in certain circumstances, such as with the consent of all beneficiaries or with court approval.

An Irrevocable Trust Cannot Be Changed or Undone by the Grantor