Estate Planning, Trusts Hans Riefkohl 3/13/26 Estate Planning, Trusts Hans Riefkohl 3/13/26

Puerto Rico Trust vs. Will: Which Do You Need?

Revocable trust: The grantor retains the right to modify or dissolve the trust during their lifetime.
Irrevocable trust: Once created, the grantor generally cannot change the trust\u2019s terms, providing stronger asset protection.
Asset protection trust: Designed to shield assets from creditors while allowing beneficiaries to benefit from the trust.

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