Which of the following trusts can be irrevocable?

Prepare for the Delaware Wills and Trusts Test. Utilize flashcards and multiple-choice queries, with each question offering hints and clarifications to help you excel in your exam!

An irrevocable trust is a type of trust that cannot be modified or terminated by the grantor after it has been created. This feature is essential for various types of trusts, allowing for specific estate planning strategies and tax benefits.

A charitable trust is established for a charitable purpose and is generally irrevocable. Once assets are placed in this trust, they cannot be withdrawn or changed, which ensures that the charitable objectives can be fulfilled over time.

An honorary trust is one that benefits a person or entity without a specific charitable purpose. Although they often lack enforceability in certain jurisdictions once the designated purpose is accomplished, they can still be designed to be irrevocable, thereby ensuring that the assets are allocated as directed by the grantor without the possibility of alterations.

An inter vivos trust, also known as a living trust, can be either revocable or irrevocable depending on the intentions of the grantor. If the grantor stipulates that the trust is irrevocable at the time of creation, it will remain so and cannot be modified.

Given that all of these trusts can potentially be irrevocable depending on their terms and the intentions of the grantor, the correct answer is that all of the listed trusts can indeed be irrevocable. This allows for various estate planning

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