Consider ease of set-up, ability to modify, and tax shelter benefitsReviewed by Anthony BattleFact checked by Michael ...

When deciding between a revocable vs. irrevocable trust, you should consider your net worth and what type of tax shelter your ...

See below for links to the other articles in the series. Revocable trusts and irrevocable trusts are created through contracts in which a person is appointed as “trustee” to hold title to ...

An irrevocable trust can't be changed or cancelled unless its beneficiary or a court allows it. The purpose of an irrevocable trust is to move assets from the grantor's control and name to that of ...

My wife’s irrevocable trust has been receiving checks for 20 years — but her trustee recently died and the bank locked the account. How do we regain control and keep funds from being lost? Leonard’s ...

See below for links to the other articles in the series. Control and protection are always the key tradeoffs in irrevocable trusts. Despite what a company marketing a “special” trust may say ...

Living trusts can be either "revocable" or "irrevocable." Revocable trusts allow you to retain control of all the assets in the trust, and you are free to revoke or change the terms of the trust ...

The decision whether to choose a revocable or irrevocable trust for the protection of assets can have lasting implications and profoundly impact a legacy, so it's not something to be taken lightly.