How Can I Receive Living Expenses as Grantor From an Irrevocable Trust?
Trusts are an independent legal entity, similar to a corporation. As a result any assets you contribute belong entirely to the trust itself, the same as if you gave your money to any other third party. If the trust is an irrevocable trust, there is no legitimate way for you to take this money back. You […] The post How Can I Receive Living Expenses as Grantor From an Irrevocable Trust? appeared first on SmartReads by SmartAsset.