Revocable vs. Irrevocable Trust: What’s Best for Your Legacy?
- Sabine Franco
- Apr 9
- 2 min read
When it comes to protecting your assets and keeping your family out of court and conflict, a trust can be a powerful tool. But not all trusts are the same. The big question we often hear is: Should I get a revocable trust or an irrevocable one?

Let’s make it simple:
What’s a Trust?
A trust is just a legal agreement. You (the grantor) name someone (the trustee) to manage assets for the people you love (the beneficiaries). It can help avoid probate and keep your affairs private.
Revocable Trust = Flexibility
With a Revocable Living Trust, you’re in control. You can change it, move assets in and out, or even cancel it. If something happens to you, your successor trustee steps in to manage everything smoothly, without court.
Bonus: You can build in protection for your beneficiaries, so the money you leave isn’t wiped out by creditors, lawsuits, or divorces.
Irrevocable Trust = Protection
An Irrevocable Trust is more locked in. Once it’s funded, you can’t easily undo it—but that’s the point. It removes assets from your estate for tax purposes and protects them from lawsuits or long-term care costs.
We often recommend irrevocable trusts if you're planning for Medicaid, want to reduce estate taxes, or need extra asset protection.
So, What Do You Need?
It depends. Your family, your assets, your goals—all of it matters. That’s why we start with a planning session to help you make the right decision and design a plan that actually works.
Don’t guess your way through this. Let us help you create a legacy that lasts.
This article is a service of The Ambitious Legacy Firm. We do not just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That's why we offer a Legacy Planning Session, during which you will get more financially organized than you’ve ever been before and make all the best choices for the people you love. You can begin by using the link below to schedule a call with our Client Services Director, who will be able to guide you on scheduling your Legacy Planning Session.
WE CARE ABOUT YOUR LEGACY.
LET US HELP YOU PLAN IT!
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