THE DIFFERENCE BETWEEN REVOCABLE AND IRREVOCABLE TRUST PROPERTIES “What’s the difference between revocable and irrevocable trusts?” It’s not a trick question. The revocable trust is revocable and the irrevocable trust is irrevocable. I don’t mean to be silly, but that’s the difference. Ok, there are other differences
By Kristy Phillips Tax Audit A Tax audit comes with taxes. April 15 is here and as you file your taxes, you may be thinking about tax audit defense. If you haven’t, you should be. I was shocked to read in Bloomberg that Uncle Sam is auditing
What is Probate? The Word probate means to prove. It is a general name or term used to include all matters over which a probate court has jurisdiction. This includes the traditional proof of wills, the disposition of estates the appointment of guardians and conservators, changing a
Living Trust Definition A Living Trust is simple an agreement – a relationship – the grantor has with the trustee. The word “trust” will refer to the written document that defines the relationship between the grantor and the trustee. There are many types of trusts. Each one
