If you’re planning your estate in Oklahoma, one of the tools you may hear about is an irrevocable trust. Unlike revocable trusts, which you can change or cancel, an irrevocable trust is typically permanent once you create it. This may sound rigid, but for many individuals and families, an irrevocable trust can offer powerful benefits—particularly when it comes to protecting assets, reducing estate taxes,…
How Does an Irrevocable Trust Work?