Revocable vs. Irrevocable Trusts The difference between a revocable and irrevocable trust is simply stated: When you put money into a revocable trust, you can take it out again. When you put money into an irrevocable trust, however, that money becomes inaccessible: in other words, you can’t take it out again. Obviously, there’s a different […]


Statutory Durable Power of Attorney A statutory durable power of attorney is a legal agreement, created by statute, that gives someone the power to act on behalf of someone else with respect to most matters with the notable exception of healthcare decisions . Healthcare decisions must be addressed by a Medical Power of Attorney, which […]