Which of the following statements regarding revocable trusts is true?
a) A revocable trust gives the settlor the power to revoke the trust, but not to modify or amend the trust.
b) A revocable trust is subject to the same formalities as a will.
c) Under the modern view, a trust is revocable unless expressly made irrevocable.
d) All of the above.
a) A revocable trust gives the settlor the power to revoke the trust, but not to modify or amend the trust.
b) A revocable trust is subject to the same formalities as a will.
c) Under the modern view, a trust is revocable unless expressly made irrevocable.
d) All of the above.