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What About Wealth?

What About Wealth?

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July 03rd 2012:When is an Irrevocable Dynasty Trust Needed

Irrevocable Trusts are often misunderstood even though they are a powerful tool in estate planning and asset protection. Why Irrevocable instead of Revocable? When is an irrevocable trust the right vehicle? What are the options with an Irrevocable Trust? Who should be Trustee of an Irrevocable Trust? How much liability does the Trustee assume? How can an Irrevocable Trust protect assets? Can I keep control with an Irrevocable Trust? Should your Irrevocable Trust be an Intentionally Defective Grantor Trust (IDGT)? WHat is an IDGT anyway?

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