Decanting: Or when an Irrevocable Trust is not Irrevocable
INSIGHTS | By: Daniel R. Bernard, May Shukri | August 11, 2022
One of the primary questions people have about trusts is, what is the difference between an irrevocable trust and a revocable trust (sometimes called a “living trust”)? The surface level answer, not to be flippant, is one is revocable, and one is not revocable, or in...