This transcription was AI generated

Transcription:

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The difference between a revocable trust and an irrevocable trust is right there in the name. Revocable trust, you can put money in today and decide tomorrow that was a bad idea and ask the trustee for your money back. Irrevocable trust once you put it in, it’s very difficult to get it out. Not impossible, but difficult. The revocable trust typically is people who it’s not that they say, “Give me my money back.” It’s that they say, “I’ve changed my mind on who should

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get X, Y, or Z.” you can go in and amend that trust as well. So, it’s revocable and amendable. Irrelevable trust can’t be amended. People typically hear about irrevocable trust from financial planners or internet research as if it were some great uh protection against predators. I have to warn you, it isn’t anywhere near as good a protection as they like to make it out to be because they want to get you into doing it trust and collect their fees for it. If you want to talk about either kind of trust,

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give me a call. We’ll talk about that or any other matter, including probate.