21b02ff7__Trusts_vs__Irrevocable_Trusts__Features_Benefits
ABSOLUTELY NO Asset Protection. NONE. The Grantor, The Trustee, and the Beneficiary are generally the same person. The Grantor did not give-up control of the asset(s). [IRREVOCABLE TRUST] YES. The Grantor no longer owns the assets. Assets have been transferred to the INDEPENDENT Trustee who has a fiduciary duty to manage the assets for the benefit of all beneficiaries, which may include the Grantor. [Features/Benefits] 
Asset Protection
Revocable Trusts vs. Irrevocable Trusts
Features/Benefits