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IRREVOCABLE DEED of APPOINTMENT and ASSIGNMENT Scottish Widows Scottishwidows Co  Form

IRREVOCABLE DEED of APPOINTMENT and ASSIGNMENT Scottish Widows Scottishwidows Co Form

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welcome to county office your ultimate guide to local government services and public records let's get started what is an irrevocable trust fund have you ever wondered how people protect their assets and reduce their tax liabilities one way they do this is through something called an irrevocable trust so what exactly is an irrevocable trust fund an irrevocable trust is a type of trust that once created cannot be modified amended or terminated without the permission of the beneficiaries or a court order this means that once you put assets into this trust you essentially give up control over them the main purpose of an irrevocable trust is to move assets out of your name and into the trust which helps in reducing estate taxes and protecting the assets from creditors when you set up an irrevocable trust you transfer the ownership of your assets to the trust and these assets are no longer considered part of your taxable estate there are two main types of irrevocable trusts living t

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