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.
Another example is an irrevocable life insurance trust, often referred to as an ILIT, is an irrevocable trust that is solely formed to allow heirs to attain one's life insurance without a fifty percent or more estate tax, but it is a government endorsed trust and can only hold one type of asset, life insurance.nother example is an irrevocable life insurance trust, often referred to as an ILIT, is an irrevocable trust that is solely formed to allow heirs to attain one's life insurance without a fifty percent or more estate tax, but it is a government endorsed trust and can only hold one type of asset, life insurance.