Latest / Ties That Bind, Law, Family and Legacy
Revocable vs. Irrevocable Trusts in Tennessee: What’s the Difference?
Episode Summary:
In this episode of Ties That Bind: Law, Family and Legacy, host Lisa Mosbey is joined by Tennessee attorney Patti Garner to explore the intricacies of revocable and irrevocable trusts. Patti, with over 20 years of legal experience, shares her insights into how these trusts function and why choosing the right type is crucial for estate planning. The discussion delves into the differences between the two trusts, highlighting control, tax implications, and protection from creditors. Patti provides real-life case examples, illustrating when each trust type is most beneficial. The…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.