What is the difference between a revocable and irrevocable trust?
Asked and answered on itclicks, September 24, 2026.
Point 1 of 3
The core difference is control over changes. A revocable trust can be changed or cancelled by the person who created it (the grantor) at any time while they're alive and mentally competent. An irrevocable trust generally locks in once set up — changing it usually needs a court order or every beneficiary's agreement. That's why revocable trusts are called flexible and irrevocable ones are called permanent.
Sources
“A revocable trust can be changed at any time by the grantor during their lifetime, as long as they are competent. An irrevocable trust usually can’t be changed without a court order or the approval of all the trust’s beneficiaries.”View freewill.com ↗
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