Professional Idea: The principal disadvantage of revocable trusts is that they don’t shield your assets from creditor or tax exposure. Since you can access the funds, They're subject to regular taxation identical to any of your respective other assets. Irrevocable trust What to recollect: A constructive trust is imposed only https://trust-estate-planning-sof32837.blog-eye.com/39022717/the-best-side-of-legal-and-general-trust-forms-guide