Ask Todd 5-11-22
On "Ask Todd" today, Todd Lutsky elaborated on revocable and irrevocable trusts, specifically how to convert the former into the latter. Todd explains how converting from a revocable trust to an irrevocable trust is a common idea, but it is not as simple as changing the language in the trust. He also took calls from listeners and previewed Cushing & Dolan's May guide, "Revocable vs. Irrevocable Trusts".