Pros and Cons of Irrevocable Trust Vs a Life Estate by Seth Schlessel, Estate Planning Lawyer
Estate law can be a complicated landscape to navigate. Whether you are preparing your estate or helping a parent with estate planning, the process is complex. There are many different options you can use to protect your assets. Therefore, estate planning can get overwhelming quickly for someone who does not have prior estate planning experience.
What is the difference between an irrevocable trust and a life estate? What is the downside of an irrevocable trust? Can an irrevocable trust be terminated in New York State? Can a irrevocable trust be contested in New York?
