Many individuals set up a revocable living trust to provide for their loved ones after they're gone. While many people assume that they have to have a tremendous amount of wealth to set up one of these, they don't. You can take some of your most valuable assets and...
Month: December 2019
Why irrevocable trusts are an important asset protection tool
Irrevocable trusts are those that generally cannot be modified once they've been formed and funded. This means that even the grantor, or the person who sets it up, generally can't ask to have the property that they've placed into the trust back. That individual can't...