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An Irrevocable Trust generally cannot have assets removed from it, as it is designed to be unchangeable. However, if you are the grantor and also a beneficiary, you may be able to withdraw assets for your benefit. In contrast, if the trust was established for the benefit of someone else, you cannot reclaim the assets once placed in the trust, as the terms of an Irrevocable Trust prevent changes and withdrawals. Consequently, the ability to access assets depends on your role as a grantor or beneficiary.
