Pro Tip: The principal drawback of revocable trusts is that they don’t protect your assets from creditor or tax exposure. Since you can access the funds, They're subject matter to standard taxation just like any of your other assets. Irrevocable trust Transfers to an irrevocable trust are gifts to the https://trustedestateplanningatto95936.wikijournalist.com/5791384/trusts_and_financial_planning_an_overview