Loading...Download the Connecticut irrevocable living trust form which allows an individual (grantor) to transfer property and/or assets to a separate entity to be held for the benefit of another. The trust provides some flexibility to the grantor as to how and when his or her assets or property will be distributed and to whom.
An irrevocable trust is not meant to be changed or revoked once it is made. If prepared and executed properly an irrevocable trust can have the effect of removing your property out of your taxable estate. In exchange, you give up the ability to change or revoke it. In order to make sure it is prepared properly, you should consult your attorney.