Legal Question in Family Law in Indiana
irrivocable trust and family trust
Our family has a trust. Is there any reason why they would need to create an irrivocable trust?
Asked on 7/05/08, 2:30 pm
1 Answer from Attorneys
Re: irrivocable trust and family trust
It is a better mechanism for asset protection. There also may be some tax advantages. You should consult an estate planner for more details.
Answered on 7/11/08, 9:07 pm