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With a Revocable Trust, the Grantor Can Change the Terms

question 73

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With a revocable trust, the grantor can change the terms of a trust at will.

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Definitions:

Confiscate Property

The act of a government or authority taking possession of private property for public use or as a penalty.

Tribal Societies

Social organizations consisting of families or communities linked by social, economic, religious, or blood ties, with a common culture and dialect.

Political Integration

The process by which separate parts or aspects are brought together into a single political framework, often involving the unification of diverse groups under a single government.

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A social categorization and grouping system based on age, within which members share duties, responsibilities, and privileges.

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