Irrevocable and Dynasty Trusts
Irrevocable and Dynasty Trusts can protect present and future generations from estate tax, creditors, divorce claims, and imprudent actions.
It is essential that state, federal, and tax laws be taken into account when drafting these trusts.
This is not a “one size fits all” situation.
Information on some of the varieties of irrevocable trusts from Alan Gassman’s book 8 Steps to a Proper Florida Estate Plan can be viewed below.