3min chapter

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"We're About to Be Millionaires - Can We Reduce Our Savings?"

Money Guy Show

CHAPTER

Understanding Trusts: Revocable vs. Irrevocable and Trusts as 'Robots'

This chapter delves into the workings of trusts, comparing revocable and irrevocable trusts. It explores the flexibility of revocable trusts and the rigidity of irrevocable trusts, using the analogy of a robot to illustrate how assets are managed within the trust structure.

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