Revocable Trusts
Discover how revocable trusts offer flexibility to modify terms, avoid probate, and maintain control over assets during your lifetime. Learn key benefits today.
What makes a revocable trust different from an irrevocable trust?
A revocable trust can be modified, amended, or completely revoked by the grantor during their lifetime, while an irrevocable trust generally cannot be changed once established. With a revocable trust, you maintain full control over the assets and can alter beneficiaries, terms, or distributions as your circumstances change. This flexibility makes revocable trusts popular for estate planning, though they don't offer the same tax benefits that irrevocable trusts might provide.
