Can a Living Trust Have Both Revocable and Irrevocable Components?

Yes, a Living Trust document can certainly contain both revocable and irrevocable components within it.

But care in drafting this type of Trust must be used to ensure that the trust is properly funded, and that assets become held by the “irrevocable portion” of the trust only at the intended time.

Get complete details on Standard Legal’s Living Trust legal forms software here.