Irrevocable Trust by Morgan Legal
502 park Avenue
New York, NY 10023
212-547-8967
http://www.morganlegalny.com/trusts/
24 hours
cash, all credit cards, check
Description:
According to the terms of an agreement setting up an Irrevocable trust, it won’t be legally possible to
change, alter, modify or revoke the trust once it has been created. Once property and other assets have
been placed in an irrevocable trust, it is not possible for the trust maker or any other person to remove
any assets from it.
Survivorship life insurance can be held in an irrevocable trust. It is possible to use this type of life
insurance for estate tax planning with large estates. A trust maker may want to discuss this with a tax
professional. This type of insurance policy in an irrevocable trust could provide significant negative tax
consequences.
Choosing the right legal professionals for your needs can be very difficult. There are dozens of legal
professionals out there, but not all are going to provide you with the service and care that you need
regarding your case. When seeking professional help, you should not have to subject yourself to playing
a guessing game where all you end up doing is taking your chances. To help you decide on a legal
professional, there are a number of aspects that you need to look for.
Keywords:
Estate Planning Lawyer, Lawyer, Law Firm, Guardianship Law Attorney, Elder Law Attorney, Probate
Lawyer, Will Preparation Lawyer, Asset Management And Protection, Estate Planning Lawyer,
Irrevocable Trust, Living Will Lawyer, Trust Law Attorney, Last Will And Testament Lawyer
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