A republic is a form of government where a group of officials who represent the people vote on issues, whereas a direct democracy is a form of government where all citizens di â¦ rectly vote on issues. In a repulic, people ellect representatives to do the governing.In a direct democracy, people vote themselves on all of the bills. Their is not legislative branch in a direct democracy.    In a direct democracy the whole population votes on issues.n a repulic, people ellect representatives to do the governing. In a direct democracy, people vote themselves on all of the bills. Their is not legislative branch in a direct democracy.    In a direct democracy the whole population votes on issues.
An irrevocable trust is simply a trust with terms and provisions that cannot be changed by the grantor. This is distinguished from a revocable trust, which is commonly used in estate planning and allows the grantor to change the terms of the trust and/or take the property back at any time.
As its name suggests, the Irrevocable Life Insurance Trust (ILIT) is irrevocable. That means once you've created it and placed an insurance policy inside it, you can't take the policy back in your own name.