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.
An irrevocable trust can be a great estate planning tool -- as long as you're completely sure of your plans. Image source: Getty Images. An irrevocable trust can shield your assets from estate taxes and legal liability, and can help you leave assets to a beneficiary in a clearly defined manner. However, irrevocable trusts are permanent and the assets placed in them technically aren't yours anymore, so it's important to consider the pros and cons before setting one up.