If you want to maintain the right to change the terms or cancel a trust that you have created you should use an irrevocable trust.

Name: If you want to maintain the right to change the terms or cancel a trust that you have created you should use an irrevocable trust.
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Quizplus · Accepted Answer

If you want to maintain the right to change the terms or cancel a trust that you have created, you should use a revocable trust. An irrevocable trust cannot be changed or canceled once it is in effect.

If You Want to Maintain the Right to Change the Terms