Category: Trusts

How to Dissolve an Irrevocable Trust

Tue Apr 30, 2019 | Trust Challenges |

There are two main types of trusts: revocable trusts and irrevocable trusts. By their title, one could be forgiven for assuming that a “revocable” trust, as its name would imply, is changeable, and that an “irrevocable” trust, also as its name would imply, cannot be changed. As with many legal […]

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How to Protect Your Heirs With a Spendthrift Trust

Tue Apr 16, 2019 | Trusts |

For most individuals who create trusts, their primary concern is the support of their spouse, children, and any other family members who are to receive assets under the trust. However, not everyone is “good with money,” as it were, and trust settlors often worry about what their beneficiaries will do […]

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What Is the Difference Between a Revocable Trust and an Irrevocable Trust?

Thu Feb 14, 2019 | Trusts |

Of all estate planning instruments, trusts are perhaps the most versatile due to the variety of goals that you can accomplish with them. For example, you can use a single trust for your own support during your lifetime and to pass assets to your heirs outside of the probate system […]

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