TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Irrevocable Trust

September 20, 2012

Today TaxMama® hears from RG in the TaxQuips Forum with an oxymoron. “Can an irrevocable living trust be changed by the person that created it?â€



Hi RG,

Well….do you know what irrevocable means?

It means you cannot revoke the trust. I