21. He had also set up a revocable credit shelter trust to receive the proceeds from the estate. 22. In a sense, Simon said, a revocable living trust is a substitute for a will. 23. It's popular for people to set up revocable living trusts in order to avoid probate. 24. Note, however, that revocable trusts are not completed gifts for gift and estate tax purposes. 25. As it is in the nature of an offering rather than a vow, it is revocable . 26. It is not as if Peter had given any sort of clear indication that statement was revocable . 27. Their auto registrations are revocable , but Jackson said he didn't know if they have been. 28. Property held in a revocable or irrevocable trust created during the grantor's lifetime also avoids probate. 29. The waivers are revocable meaning that a team can revoke the claim of another team on their player. 30. Sections 5 and 6 indicate renewable, revocable time-limits-which would be fulfilled by deletion.