What is the main distinction between trusts?

The main distinction between trusts is irrevocable and revocable. A revocable living trust allows the grantor to retain control and make changes while alive. Irrevocable trusts provide greater protection for assets. Although irrevocable trusts generally cannot be altered or revoked once established, Your Legacy Legal Care® drafts irrevocable trusts that provide flexibility. The lawyers for trusts at Your Legacy Legal Care® can help you determine which type suits your needs and goals. Contact us to schedule your confidential complimentary strategy session.