There Are Many Types of Trusts: 10 Considerations On Which Is Right For You

Considerations for Choosing a Trust

A revocable trust and an irrevocable asset protection trust are two distinct estate planning tools, each with several differing sub-types and their own advantages and limitations. Revocable Trusts A revocable trust, often referred to as a living trust, allows the grantor (the person creating the trust) to retain control over the assets placed within the…

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Irrevocable vs. Revocable Trust: How to Decide Which is Best For You

estate planning attorney

While most people have heard of a trust, the vast majority may not realize that there are various types of trusts. When it comes to estate planning, the types of trusts that are spoken about most often include irrevocable and revocable trusts. It’s imperative to speak with an estate planning attorney to understand the differences…

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