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Definitions

revocable

[rev-uh-kuh-buhl, ri-voh-] / ˈrɛv ə kə bəl, rɪˈvoʊ- /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

To avoid any unexpected disputes, lawyers advise people to have a will or a will and a revocable trust that accounts for such scenarios.

From The Wall Street Journal

“A revocable living trust is one of the most common types of trusts used in estate planning,” it adds.

From MarketWatch

In North Carolina, the elective share is between 15% and 50% depending on the length of marriage, and it only applies to assets contained in the deceased spouse’s estate and/or revocable trust.

From MarketWatch

If your friend sets up a revocable trust, she can be both grantor and trustee during her lifetime, and have the freedom to change the terms.

From MarketWatch

The new bill will make this argument more tenuous, as it says that consent must be "free and informed, specific, prior and revocable",

From BBC