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Irrevocable Trust Spendthrift Form

Irrevocable Trust Spendthrift Form

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Instructions and help about Irrevocable Trust Spendthrift

all right now let's get into the actual strategies where we can help our clients with uh stuff beyond what's on the exempt property from the statute or insurance so the first uh thing that we can do is we can create an irrevocable trust under texas law so a typical trust there's going to be a grant towards that door trust maker that's going to create the trust for the benefit of somebody else okay so when we have an irrevocable trust again we have to use these with caution because generally you know they can't be changed in any substantial way after it's been created now of course you know wealthbox gives us the options or you know we have powerful appointments we can change trustees we can do decanting you know we can we can have trust protectors to make some changes but again these are minor changes right you can't change the whole trust if it's irrevocable so again it has some flexibility like like our wealth talks prov

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