December 4, 2020 - AACFL
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Daily Archives: December 4, 2020

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Financial Literacy: Changing Irrevocable Trusts in a Divorce

By AACFLBlog

  As the term “irrevocable” implies, generally, the creator or grantor of such a trust lacks the power to withdraw or change it after it has been established. Is it possible to change an irrevocable trust when a divorcing spouse has been named a beneficiary? And could there be potential tax consequences as a result?…

December 4, 2020
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