As its name implies, an irrevocable trust cannot be revoked by the person who establishes the trust. Typically, an irrevocable trust also cannot be changed by a trustee or beneficiary. The irrevocable ...

Consider ease of set-up, ability to modify, asset protection, and tax benefits Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Anthony ...

HUNTSVILLE, Ala. (WAFF) - Trust is an important thing to have between family members and your financial advisor. But when you are transferring assets from one generation to the next, you’ll need a ...

A recent Chief Counsel Advice issued by the IRS has been described by one team of estate planning experts as “the most important IRS ruling in a decade,” and it directly contradicts the prior IRS ...

Estate planning is an integral part of financial planning for high-net-worth clients, and a critical component involves the use of trusts. The decision whether to choose a revocable or irrevocable ...