What is a Revocable Trust
A revocable trust is a type of trust that, once created, can be revised. An irrevocable trust, on the other hand, cannot be changed or added to once it is established.
There are tax and other considerations to account for in determining whether a revocable trust is right for you. Talk to an attorney who can help you make this important decision.
For more information about setting up a revocable trust, please contact our firm by completing our online form. Otherwise, if you are seeking information about changing your revocable trust, please read “When is it time to change my estate plan?”