Pro Idea: The principal disadvantage of revocable trusts is that they don’t safeguard your assets from creditor or tax publicity. Since you can access the funds, They are really subject to regular taxation much like any of one's other assets. Irrevocable trust What to recollect: A constructive trust is imposed https://trustedestateplanningatto80235.blogsidea.com/45737046/not-known-factual-statements-about-will-and-trust-planning