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| Wills, Trusts, Estates Wills, trusts, estates, gift tax planning, etc. |
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Jun 12th, 2008, 11:21 AM
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#1 |
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Junior Member
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Jun 12th, 2008 03:38 PM Join Date: Jun 2008
Posts: 3
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protective trusts
Is this another term for irrevocable trusts?
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Jun 14th, 2008, 08:09 AM
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#2 |
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Top Level Member
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Jan 6th, 2009 03:47 PM Join Date: Mar 2008
Posts: 317
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Re: protective trusts
No it not.
Protective trusts generally ensure the beneficiary will not spend the trust down. Irrevocable can be for all sorts of tax and other reasons. |
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