A Trust Is Presumed to Be Irrevocable Unless the Grantor

question 60

True/False

A trust is presumed to be irrevocable unless the grantor reserves the power of revocation.

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Definitions:

Seasonal Affective Disorder

A type of depression that occurs at the same time each year, usually during fall or winter, due to reduced natural sunlight.

Psychomotor Retardation

A significant slowing-down of thought and a reduction of physical movements in an individual, often observed in major depressive disorder.

Psychomotor Agitation

A condition characterized by increased physical and emotional tension, often manifesting in restless and repetitive movements.

Psychomotor Atrophy

The deterioration of cognitive, emotional, and physical abilities due to underutilization or neuron degeneration.