Estate Planning Isn’t Just For The Elderly

Happy, smiling couple in their sixties.

Month: July 2019

What is an irrevocable trust?

A trust is a long-term planning device that may be incorporated into the estate plan of a New York resident. Many individuals choose to set up revocable trusts, which as the name implies, can be terminated, changed and modified. Irrevocable trusts, on the other hand,...