living trusts vs. irrevocable trusts

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06-22-2003, 01:03 AM

cust

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living trusts vs. irrevocable trusts

If I am using a living trust have a seperate person as the administrator and a different person as beneficiary when I die can my creditors still reach into the trust to satisfy any debts I may owe them? What about the irs? If so can an irrevocable trust protect those assets?

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