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Lots of questions out there about the difference between a revocable trust and an irrevocable trust. What many consumers don't realize is that many revocable trusts become irrevocable at some date after the revocable trust is established.
Some trusts, in order to get certain protections, require that the trusts are irrevocable from the moment they are put in place. However, one of the most common forms of trust the revocable living trust designed to avoid probate start out as revocable but typically become irrevocable upon the death of the person setting up the trust.
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Paul Rabalais
Estate Planning Attorney