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.
With an irrevocable trust, all of the property in the trust, plus all future appreciation on the property, is out of your taxable estate. That means your ultimate estate tax liability may be less, resulting in a more tax efficient way to transfer your accumulated wealth to your beneficiaries.nlike a revocable trust (revocable living trust), assets transferred to an irrevocable trust cannot be changed or dissolved by the Grantor once it has been created. The Grantor no longer owns the assets. An independent Trustee is your best defense.