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:

Biochemical Markers

Biological substances used as indicators of biological processes, states, or conditions.

Alcoholism

A chronic disease characterized by uncontrolled drinking and preoccupation with alcohol, often leading to physical, mental, and social impairments.

Schizophrenia

Schizophrenia is a complex, chronic mental health disorder characterized by disturbances in thought, perception, emotions, and behavior.

Response Cost

Response cost is a behavioral intervention technique where a penalty is imposed for exhibiting undesired behaviors, leading to a decrease in those behaviors.