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An Irrevocable Living Trust represents an unalterable transfer of the trustmaker’s property and creates rights for designated beneficiaries, who may include the trustmaker. It is important to note that since there is a permanent transfer of assets, the trustmaker should have a thorough understanding of how this type of trust works before entering into the trust contract. Also, the trustee of an Irrevocable Living Trust should be experienced and know their duties before agreeing to act.
Irrevocable Trust Investment Management Options:
Investment and Insurance Products are: