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Revocable Trusts Vs Irrevocable Trusts Whats the Form

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so you're probably wondering what's the difference between a revocable trust and an irrevocable trust so a revocable trust is a legal document in which you express your wishes for what you would want to have happen to your money if you were to pass away you're identifying where the money would go who would oversee the money and then also any restrictions or protections that you would want over the money and during your lifetime you're going to be able to retain ownership over any of the assets in your revocable living trust meaning you can sell them keep them invest them whatever you want to do and the best part of a revocable living trust is that it's going to avoid your family having to go through a long and expensive court process known as probate when you pass away in order to inherit from you and they'll be able to instead get the money very quickly and efficiently without having massive court fees now an irrevocable trust is going t

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