revocable

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* Up to 10% of any benefit in pay status may be voluntarily and revocably assigned or alienated [IRC section 401(a)(13)(A), Regulations section 1.401(a)-13(d)(1), ERISA section 206(d)(2)].
Another example: A bought insurance on the life of B, revocably designating as beneficiary Y, trustee of a trust established by A.
A concept advocated is a survivor life stand-by trust, which can be revocably established by the spouse with the longer life expectancy.