Irrevocable trusts
Protection built with deliberate structure.
A carefully designed planning vehicle for families seeking asset protection, tax efficiency, and controlled wealth transfer.
Understand the strategyDeliberate wealth planning
Protection requires careful commitment.
An irrevocable trust can support asset protection, tax planning, and structured wealth transfer. Unlike a revocable trust, the grantor generally gives up significant ownership and control when assets are transferred into the structure.
That distinction can create meaningful planning opportunities, but it also makes careful design essential before the trust is established and funded.
Why families use the structure
Purpose built for protection and transfer.
No single trust fits every family. The governing terms, assets, tax considerations, trustees, and beneficiaries must work together.
Asset protection
Depending on the structure and applicable law, transferred assets may receive protection from certain creditor claims and legal judgments.
Tax planning
Selected irrevocable trust strategies may help address estate, gift, income, or generation transfer tax considerations.
Controlled distributions
Trust terms can establish when, why, and how beneficiaries receive or benefit from trust property.
Long range stewardship
Trustees can manage assets over time under a clear framework designed around family priorities.
Before assets move
Every irreversible step should be fully understood.
Clarify
Define the planning objective, assets, beneficiaries, time horizon, and acceptable tradeoffs.
Structure
Select trustees, distribution standards, retained powers, tax provisions, and administrative terms.
Coordinate
Align funding, valuation, business interests, insurance, and the rest of the estate plan.
Private client counsel
Design the protection before committing the assets.
The Private Firm helps clients evaluate and implement irrevocable trust strategies with attention to control, tax, family, and business consequences.