irrevocable deed of trust | BTCC Knowledge

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An irrevocable trust is a legal arrangement where assets are transferred to a trustee who manages them for the benefit of beneficiaries. It's irreversible, offering tax benefits and asset protection. Upon the grantor's death, the trust continues to operate according to its terms. A deed in a revocable trust can be transferred to an irrevocable trust, but careful planning is crucial to avoid unintended consequences.

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