Trust Guide: What Are Revocable and Irrevocable Trusts?
Trusts are powerful estate planning tools that you can use to preserve your wealth, maintain your privacy, and provide for your family when you are gone. But if you’ve done any research on trusts, you may have heard about revocable and irrevocable trusts, leading you to ask, “What are revocable and irrevocable trusts?” In simple terms, revocable trusts are those…