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1.9K views · 837 reactions | Revocable vs. Irrevocable Trusts: When to Use Each for Asset Protection | Mark Lewis | Facebook
1.9K views · 837 reactions | Revocable vs. Irrevocable Trusts: …
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44 reactions | Revocable Vs. Irrevocable Trusts: What's the Difference? #irrevocabletrust #revocabletrust #livingtrust #revocablelivingtrust #assetprotection #estateplanning | The Business Guy | Facebook
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There Are 77 Types of Trusts in the U.S. — But It All Comes Down to This: Revocable vs. Irrevocable. When it comes to designing your wealth infrastructure, this is one of the most important decisions you’ll make. Let’s break it down: 🔹 Revocable Trusts. • Flexible. • Can be amended or revoked at any time. • Typically, you serve as both Grantor and Trustee. • Ideal for probate avoidance and smooth asset transfer. 🔹 Irrevocable Trusts. • Far more permanent. • Changes are rare — and often extreme
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