In a Revocable Trust, You Forfeit the Right to End

question 146

True/False

In a revocable trust, you forfeit the right to end the trust or change its terms during your lifetime.

---

Definitions:

Just Cause Discipline

A principle that requires employers to provide a fair and valid reason for disciplinary actions, such as termination or suspension, against an employee.

Seniority Rights

Policies that prioritize longer-serving employees for promotions, benefits, and protections within a company, often during layoffs.

Grievance Procedures

Structured processes through which employees can officially report, address, and resolve complaints or disputes in the workplace.

Bureaucratic Model

A system of administration that operates through a fixed set of rules and procedures, often used in large organizations to ensure consistency and control.