Utilizing Hybrid Trusts: Combining the Best of Revocable and Irrevocable Trusts
Estate planning often involves choosing between revocable and irrevocable trusts, each offering distinct benefits and limitations. However, a hybrid trust structure combines the flexibility of a revocable trust with the asset protection benefits of an irrevocable trust. By utilizing hybrid trusts, individuals can maintain some control over their assets while safeguarding wealth from creditors, lawsuits, […]