Trusts may be revocable or irrevocable. Many people find the very name "irrevocable trust" intimidating. Why would anyone want an irrevocable trust? What if you need to make a change? What if a surviving spouse needs money and a life insurance policy pays out to an Irrevocable Trust? Rich & Rick answer these questions and discuss this incredible planning tool and demystify it in terms you can understand and incorporate into your planning picture.
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