Revocable vs. Irrevocable Trusts
Most Arizona families use a revocable trust, but irrevocable trusts have their place too. These FAQs from our team cover the differences and how to keep your trust current (3 questions).
Start with our guide
Our Arizona guide to revocable and irrevocable trusts walks through the differences, when each one fits, the AZ tax and asset-protection context, and how to amend, restate, or modify a trust over time. The focused questions below dig into the most common follow-ups.
Read the Arizona Revocable vs. Irrevocable Trusts guideAll 3 questions in this topic
Open any question for the full answer.
What is the difference between a revocable and an irrevocable trust?
A revocable trust can be changed or canceled anytime. An irrevocable trust cannot. Most Arizona families use a revocable living trust for flexibility. Irrevocable trusts offer asset protection and tax benefits.
Read full answerShould I Amend or Restate My Trust?
For one or two small changes, a simple amendment works. For multiple changes or a trust with several existing amendments, a full restatement gives you a clean, readable document. Neither requires retitling any assets.
Read full answerCan I change or cancel my living trust in Arizona?
Yes. A revocable living trust can be amended or revoked at any time while you are mentally competent. You can change beneficiaries, trustees, or terms. Once you lose capacity, no one can change it.
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