Should I Move Property into Irrevocable Trust for Asset Protection?

We we’re talking about asset protection in a different style. The first video we talked about anonymity through an LLC. This video we’re going to be talking about is an irrevocable trust or irrevocable, however you want to say it is a trust that you cannot change, the people that created the trust cannot change it. So it’s set solid, and you’re giving rights away in some sort of way. Whether it’s to a third party trustee or your family trustee. And the point of the matter is that this trust is irrevocable and you are now foregoing ownership rights.

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