Family Trustees

Irrevocable Trusts | Family Trustees

Irrevocable Trusts | Family Trustees

An irrevocable trust is a type of trust that cannot be modified or terminated once it is created. The settlor, or creator of the trust, transfers assets to the

Overview

An irrevocable trust is a type of trust that cannot be modified or terminated once it is created. The settlor, or creator of the trust, transfers assets to the trust, which are then managed by a trustee for the benefit of the beneficiaries.