Millennials are finally embracing one of the cornerstones of adulthood, by writing their wills.
On the surface, the difference between revocable and irrevocable trusts couldn’t be any more straightforward. You can change your revocable trust whenever and however you choose. You can’t change your irrevocable trust at all.
Trusts give parents of special-needs children additional options for extending care and financial assistance. However, you might need some expert help.