Revocable Trusts

Free consultation from Frederick N. Pellegrini on setting up revocable trusts, a revocable living trust or revocable family trust.

A revocable trust is a trust in which any or all of its provisions can be changed or removed, or the trust itself can be terminated at any time by the trust grantor. The grantor receives income from the assets. This is opposed to an irrevocable trust by which the trust generally cannot be amended or canceled.