Revocable vs. Irrevocable Trusts: Can One Better Serve Your Assets?
Trusts are a great estate planning tool, but there are substantial differences to understand when deciding which type of trust is best for your situation. There are two main categories of trusts: revocable trusts and irrevocable trusts. Revocable trusts, otherwise known as living trusts, can be changed or modified when you need to. Irrevocable trusts…
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