Living Trust vs. Revocable Trust vs. Irrevocable Trust: Key Differences Explained!

Описание к видео Living Trust vs. Revocable Trust vs. Irrevocable Trust: Key Differences Explained!

In this video, we break down the differences between living trusts, revocable trusts, and irrevocable trusts.

Discover why a living trust is also known as a revocable trust and how it helps avoid probate, offering flexibility and control over your assets. We also explore the purpose of irrevocable trusts, including asset protection and tax planning, and explain why you might need both types of trusts for comprehensive estate planning.

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