An Irrevocable Trust is not a good idea for most people. This is because the 'settlor(s)' (the person(s) who own the Trust) may want to make changes to it over time. It is difficult to make changes to an Irrevocable Trust. It is simple and easy to make changes to a Revocable Trust and it does not … Read more about Why an Irrevocable Trust is Not a Good Idea for Most People
