Irrevocable Trusts
Protect your wealth for the long term.
What is an Irrevocable Trust?
An irrevocable trust is a powerful estate planning tool that allows you to transfer assets out of your name permanently. Once the trust is created and funded, the assets belong to the trust (not to you) which can offer significant protection from creditors, reduce estate taxes, and support long-term care planning.
Because the terms of an irrevocable trust generally cannot be changed, it provides a high level of certainty and security. For many individuals, it serves as a strategic way to safeguard wealth, preserve eligibility for certain benefits, and create long-term stability for their loved ones.
Revocable vs. Irrevocable Trusts: Understanding the Difference
Choosing the right trust depends on how much control you want to keep and what protections you need. Here’s how revocable and irrevocable trusts differ, and why each plays a unique role in an estate plan.
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Revocable Trust
Can be changed or revoked at any time while you’re alive.
Offers flexibility and control over your assets.
Assets remain part of your estate for tax purposes.
Helps avoid probate and maintain privacy.
Best for those seeking control and flexibility with their estate plan.
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Irrevocable Trust
Cannot be modified or revoked once established.
Provides stronger protection against creditors and estate taxes.
Assets are typically removed from your taxable estate.
Ideal for long-term planning, protecting wealth, and qualifying for benefits like Medicaid.
Best for those focused on asset protection, tax planning, or long-term care strategy.
Ready to protect Your Assets with Confidence
Guidance You Can Count On
“Excellent experience from start to finish with the Hall Law Group. I received very thoughtful and forthright service. I would highly recommend them to friends and family. I would not hesitate to employ their services in the future.”
Gustavo Orozco
Common Questions About Irrevocable Trusts
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People choose irrevocable trusts to protect assets, reduce estate taxes, or plan for long-term care.
Once assets are transferred, they’re generally shielded from creditors and removed from your taxable estate.
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Usually, no. An irrevocable trust cannot be changed or revoked without the consent of all beneficiaries—and sometimes a court.
This permanence is what provides strong asset and tax protection.
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Yes. Assets placed in an irrevocable trust are typically removed from your taxable estate, which may help reduce estate tax exposure and preserve more wealth for your beneficiaries.
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Yes. Once transferred, you no longer own or control those assets. Control shifts to the trustee, which is why irrevocable trusts offer stronger legal and tax advantages.
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A trustee, someone you appoint, manages the assets according to the terms of the trust. The trustee’s role is to protect the assets and make decisions in the best interest of the beneficiaries.
Secure Your Legacy With Long-Term Protection
Partner with Hall Law Group to create an irrevocable trust that safeguards your estate, reduces potential taxes, and provides long-term security for your loved ones.
Or call (925) 460-0711