Legal Question in Wills and Trusts in New York
What is the difference between a revokeable trust and an irrevokable trust
Asked on 4/11/11, 7:58 am
1 Answer from Attorneys
Carol Ryder
Law Office of Carol Ryder PC
Essentially, taxes are the biggest difference. The titles pretty much explain the difference, but it is too complex to explain the tax consequences now, esp without more info.
www.CarolRyderLaw.com
Answered on 9/12/11, 4:18 pm