Modernizing an Existing Irrevocable Trust
By EsqSocial Corporation 20/12/24
Many savvy estate plans include the use of an irrevocable trust that was established many years ago. However, the very nature of an irrevocable trust means that once the trust agreement is finalized, the terms of that trust cannot be amended or modified. Over the years, tax laws have changed and, depending on when the irrevocable trust was created, those trusts likely do not have the latest language to be the most tax efficient....
By: Lasher Holzapfel Sperry & Ebberson PLLC