Bay Area Trust Lawyer: What’s the difference between a Revocable Trust and an Irrevocable Trust?
Trusts are important legal relationships that involve a Grantor who creates a Trust to hold property, a Trustee who holds or manages the property in the Trust, and a Beneficiary (or Beneficiaries) who eventually receives the property. While there are many types of Trusts, they can be broken down into two categories: Revocable and Irrevocable. […]