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When it comes to estate planning, understanding the differences between a living (revocable) trust, an irrevocable trust and a will is crucial. Each option serves a unique purpose and comes with its own set of advantages and disadvantages. Dive into the specifics to help you decide which one might be the best fit for your needs.

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Financial Fridays with Bob Gustafson

Bob Gustafson, Triton Financial Group

Living Trust vs. Irrevocable Trust vs. Will: Pros and Cons

JUL 22, 202410 MIN
Financial Fridays with Bob Gustafson

Living Trust vs. Irrevocable Trust vs. Will: Pros and Cons

JUL 22, 202410 MIN

Description

<p> When it comes to estate planning, understanding the differences between a living (revocable) trust, an irrevocable trust and a will is crucial. Each option serves a unique purpose and comes with its own set of advantages and disadvantages. Dive into the specifics to help you decide which one might be the best fit for your needs. </p> <p><br></p>