The type of the trust that cannot be changed is

Question

Quizplus · Accepted Answer

The type of trust that cannot be changed is an irrevocable trust. Once the assets are transferred into an irrevocable trust, the grantor loses control over those assets and cannot modify or revoke the trust without the consent of the beneficiaries. Revocable trusts can be changed or revoked, living trusts are a type of revocable trust, and standard family trust is not a legal term used to describe a type of trust.

The Type of the Trust That Cannot Be Changed Is