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Trusts

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Families protected in Connecticut
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Trusts

The Dangers of an Irrevocable Trust

Someone has told you an irrevocable trust is the answer, maybe for Medicaid planning, maybe for protecting assets from a lawsuit, and it sounds right. Before you commit, whether this is your own decision or your parent's and you're the one doing the research, you want to know what nobody's telling you about the dangers of an irrevocable trust.

Bryan M. Etter

4 min. read

Trusts

Types of Irrevocable Trusts: A Plain-English Guide for Connecticut Families

You sat down with a financial advisor, or maybe a friend at church, and someone told you that your family "needs an irrevocable trust." So you started reading. And within about five minutes you hit a wall of letters: MAPT, ILIT, SLAT, GRAT, QPRT. Every one of them promising to protect something, none of them explained in words a normal person uses.

Bryan M. Etter

8 min. read

Trusts

Revocable vs Irrevocable Trust: What's the Difference?

You sat down to protect your family, and now you're stuck on a fork in the road you didn't see coming. You've decided a trust makes sense. Good. But the moment you start reading, everyone keeps talking about a revocable vs irrevocable trust, as if you're supposed to already know which one you need.

Bryan M. Etter

8 min. read

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