A(n) ____ allows you to end the trust or change its terms during your lifetime.

Question

Quizplus · Accepted Answer

A revocable trust can be changed during the lifetime of the trust creator, allowing for flexibility and control over the trust's terms. Irrevocable trusts, on the other hand, cannot be changed or terminated once created, except under exceptional circumstances. A living will and a power of attorney deal with end-of-life medical decisions and legal authority, respectively, and do not involve trusts. A will deals with the distribution of property after death and does not allow for changes during the creator's lifetime.

A(n) ____ Allows You to End the Trust or Change