Revocable Trusts and Irrevocable Trusts

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 when it comes to a decision between the

Revocable Trusts vs Irrevocable Trusts

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

Tax Audit Defense

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