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I'm assuming that you are asking if it is revocable or irrevocable ?? It is irrevocable.
The trust document was written by an attorney, set-up at a local bank.
He did not retain any interest in the trust assets. Any interest that may accrue in the trust checking remains in the trust account. The annuities have no payouts until maturity or they are cancelled.
The checking account balance (about $70,000) will be distributed equally to the 2 beneficiaries, my self and my sister. The 2 annuities are remaining active, but are being transferred into the names of the same 2 beneficiaries via a "Policyowner's Change Request" supplied by the annuity insurance company.