How to Choose Between a Revocable and Irrevocable Trust
U.S. News & World Report website
It’s called a trust for a reason: You’re counting on this stand-alone legal entity to do something you can’t. You may want the trust to ensure that ownership of your assets or property will transfer to heirs smoothly and privately. You may want it to convey some tax advantages. You may think it can protect your assets from creditors.
Well, maybe. Maybe not.
Retiree News 
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