can a revocable trust be terminated before it's expiration date and devided however the trustee wants or does it have to be divided equally shares?

can a revocable trust be terminated before it's expiration date and devided however the trustee wants or does it have to be divided equally shares?
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Answer :

A revocable trust is just that - revocable. If you are the creator of the trust, you can revoke it and change ownership of property.
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My aunt just died. What is a revocable trust?

Description : My aunt just died. What is a revocable trust?

Last Answer : A revocable trust is one where the grantor reserves the right to revoke the trust. It's taxed a little differently than an irrevocable trust. Check with your tax preparer to see if there are any issues. Less ... . I'd say have a certified copy and ask for someone with authority, not a teller or csr.

What kind of terms generally apply in a revocable trust?

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Difference between a Revocable Living Trust and Dynasty Trust.?

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Last Answer : In both a revocable living trust and dynasty trust, the trust assets are managed by a trustee separate and apart from your personal assets. The primary difference is that a revocable trust can be modified ... a dynasty trust is created it cannot be revoked or modified by the settlor of the trust.

Why would one work with a revocable trust?

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Last Answer : Revocable trust includes many advantages. Revocable Trust's main advantage is the agreement provides flexibility and income to the living grantor.

What makes a revocable trust revocable?

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Last Answer : A revocable trust can be changed or modified prior to the Settlor's (a settlor is the person who opened the trust, in this case your aunt) death. Only the Settlor can change or terminate the trust, and ... made with a spouse who has passed away, it may not be possible for the trust to be changed.

Where can I search to learn about revocable trust?

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Last Answer : Revocable trust is the process where you send your assets to someone you trust in order to have tax breaks when someone inherits an estate. ehow.com has some good briefings on the subject.

With ICICI and BoB sold there shareholding in CIBIL, who has bought their percentage of shares? A) Aditya Birla Trustee Company Private Ltd. B) Indian Overseas Bank C) TransUnion International Inc D) Union Bank of India E) India Infoline Finance Limited

Description : With ICICI and BoB sold there shareholding in CIBIL, who has bought their percentage of shares? A) Aditya Birla Trustee Company Private Ltd. B) Indian Overseas Bank C) TransUnion International Inc D) Union Bank of India E) India Infoline Finance Limited

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If the grantor and the trustee are the same person in an irrevocable trust can they revoke any or part of that trust from the beneficuary?

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Last Answer : Generations Probatecan answer your question 5301 Madison Avenue, Sacramento, CA- (916) 679-5550

Can a Michigan living trust can be terminated or changed at any time?

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Last Answer : A Michigan living trust can be terminated or changed at any time. A trust owner can always go through the process of changing or terminating a trust at any time. Yes a Michigan living trust can be ... time. Provided the owner of the trust is still iving it can be changed with a simple form.

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