Irrevocable Trusts

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Irrevocable Trust  In

What Is An Irrevocable Trusts?

Irrevocable trusts in Arizona can be used to provide for the financial needs of a beneficiary who may not be able to manage their own finances. Additionally, irrevocable trusts can offer privacy as they are typically not subject to public disclosure. It is important to note that once an irrevocable trust is created, the grantor typically no longer has control over the assets placed in the trust.

Contact McCain & Bursh Attorneys At Law, P.C. today to schedule a consultation with a lawyer. 602-560-4736

different types of irrevocable trusts

In Arizona, there are different types of irrevocable trusts that can be utilized depending on the individual's goals and circumstances. These include special needs trusts, charitable trusts, and life insurance trusts.

  • Special needs trusts can be used to provide for the financial needs of a beneficiary with disabilities without jeopardizing their eligibility for government benefits.
  • Charitable trusts allow individuals to support charitable causes while also receiving tax benefits.
  • Life insurance trusts are often used to remove life insurance proceeds from the taxable estate and provide beneficiaries with tax-free income.

irrevocable trusts

Regardless of the type of irrevocable trust chosen, it is important to carefully consider all aspects and seek professional advice to ensure its effectiveness and compliance with Arizona laws. Implementing an irrevocable trust in your estate plan can offer unique benefits and help protect your assets for future generations. With proper guidance and planning, irrevocable trusts can be a valuable tool in achieving your estate planning goals.  If you're considering creating an irrevocable trust in Arizona, it is important to seek the help of a knowledgeable attorney who can guide you through the process and ensure that all legal requirements are met.

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Schedule An Estate Plan Design Meeting*

Call McCain & Bursh Attorneys At Law, P.C. at 602-560-4736 today.


An estate plan design meeting will not be scheduled until the Firm has a signed fee agreement with a client. Given time constraints, the Firm is not able to represent every potentially interested party with their legal matter.

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