3. The World Series has only been canceled twice. Since 1903, only two years have gone by without a World Series. Interestingly enough, neither of these years came during World War II, during which the best players from many teams fought overseas.
This type of Trust is not activated until after your death. After the assets that you have identified for the Trust go through probate they are held in the Trust for your Beneficiaries. You can revoke or change a Testamentary Trust while you are alive.
Once a settlor dies he, or she, can no longer access the trust assets and, by definition, the revocable trust becomes an irrevocable trust. There are a set of requirements in the creation of an irrevocable trust. First, the trust must have a settlor. This is the individual who creates the trust and puts assets into it.