(352) 379-1900

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What Is An Irrevocable Trust?

Wills and Trusts attorney The Miller Elder Law Firm explains what an Irrevocable Trust is. If you need Estate Planning assistance call The Miller Elder Law Firm at (352) 379-1900.

“There are irrevocable trusts where, once you put the money in, you can’t get it back out. That’s a completed gift for IRS purposes, and sometimes people will do that for estate tax planning reasons.”