Assertion: trust | /r/HasProperty | irrevocable
Facets:
value: before 2020
type: TEMPORAL
Source sentences:
text: A trust may be revocable or irrevocable; in the United States, a trust is presumed to be irrevocable unless the instrument or will creating it states it is revocable, except in California, Oklahoma and Texas, in which trusts are presumed to be revocable until the instrument or will creating them states they are irrevocable.
text: A trust may be revocable or irrevocable; in the United States, a trust is presumed to be irrevocable unless the instrument or will creating it states it is revocable, except in California, Oklahoma and Texas, in which trusts are presumed to be revocable until the instrument or will creating them states they are irrevocable.
text: A trust may be either revocable or irrevocable.
text: In addition, a trust will either be revocable or irrevocable.
text: These trusts are irrevocable but may be subject to probate.
text: Such a trust can be revocable or irrevocable.
text: Trusts can be revocable or irrevocable, and they can also be living or testementary (based on a will).
text: The trust must be irrevocable, which means that you must "fund" it, placing the policy into its ownership, and step aside.
text: Such trusts must be irrevocable (a revocable trust will not provide asset protection because and to the extent of the settlor's power to revoke).
text: the trust must be irrevocable and spendthrift;
text: State law and the trust instrument establish whether a trust is revocable or irrevocable.
text: All trusts are either revocable or irrevocable.
text: Most importantly, because the trust is irrevocable, any assets transferred into it are no longer considered to be the settlor's property.
text: The trust must be irrevocable to avoid taxation of the life insurance proceeds.
text: Trusts that are irrevocable before 2020 and trustees of revocable trusts who begin to act before 2020 continue to be subject to current notice and accounting requirements, which could be modified by the settlor.
text: The second requirement is that the trust must be irrevocable.