Sentence examples for irrevocable trust from inspiring English sources

An irrevocable trust was valued at $38 million.

(It's generally an irrevocable trust funded exclusively — or in large part — by a life insurance policy).

An irrevocable trust created by a married couple to avoid probate and minimize federal estate tax.

The two main trusts are the revocable trust and the irrevocable trust.

The name of the beneficiary must be stated in both a revocable and irrevocable trust.

This irrevocable trust has only one beneficiary and officially ends at age 21.

It is an irrevocable trust involving the use of life insurance, which will generally be excludable from the donor's estate.

Shares issued in an irrevocable trust as provided in Section 6 of this article are not subject to withdrawal restrictions except as stated in the trust agreement.

When shares are issued in an irrevocable trust, either the settlor or the beneficiary must be a member of this credit union.

The shares can also be put in a trust by the parents — for example, in a personal residence trust or an irrevocable trust — to protect the apartment from being included in their estate.

The person who wants to transfer wealth (the grantor) puts shares into the ­irrevocable trust and retains the right to ­receive an annual payment back from the trust for a period of time say, 2 to 15 years.