revocable
adjective
rev·o·ca·ble
ˈre-və-kə-bəl 
also
ri-ˈvō-
variants
or less commonly revokable
: capable of being revoked
a revocable privilege
Examples of revocable in a Sentence
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Be appointed a co-trustee: If a person sets up a revocable trust for their assets and names an adult child as co-trustee, the adult child can have oversight as the elderly parent’s cognitive capacity declines, Flynn suggested.
—
Jeanne Sahadi, CNN, 23 Oct. 2024
This reluctance to define the connection mirrors the mindset of those who claim that funding a revocable trust is too cumbersome a process to complete.
—Ashley Case, Forbes, 16 Oct. 2024
For revocable trusts, McClain says the grantor and his or her spouse are typically their own trustees, with successor trustees named (and the trustees can be changed at any time).
—Alicia Adamczyk, Fortune, 30 Sep. 2024
One decision in this process is whether to make a Section 645 election, which allows a qualified revocable trust to be treated as part of the decedent’s estate for tax purposes.
—Ashley Case, Forbes, 30 Sep. 2024
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Jeanne Sahadi, CNN, 23 Oct. 2024
This reluctance to define the connection mirrors the mindset of those who claim that funding a revocable trust is too cumbersome a process to complete.
—Ashley Case, Forbes, 16 Oct. 2024
For revocable trusts, McClain says the grantor and his or her spouse are typically their own trustees, with successor trustees named (and the trustees can be changed at any time).
—Alicia Adamczyk, Fortune, 30 Sep. 2024
One decision in this process is whether to make a Section 645 election, which allows a qualified revocable trust to be treated as part of the decedent’s estate for tax purposes.
—Ashley Case, Forbes, 30 Sep. 2024
See all Example Sentences for revocable
Dictionary Entries Near revocable
Cite this Entry
“Revocable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revocable. Accessed 24 Nov. 2024.
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revocable
adjective
rev·o·ca·ble
ˈre-və-kə-bəl, ri-ˈvō-
: capable of being revoked
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