Understanding Revocable and Irrevocable Trusts: A Guide to Smart Estate Planning
Estate planning is a crucial step in securing your family's financial future and ensuring that your wishes are honored. For residents of Kelowna, choosing between a revocable trust and an irrevocable trust can significantly impact the flexibility and protection of your estate. This guide will help you understand the differences between these two types of trusts and how they can benefit your estate plan.