Elder Law Report

Irrevocable Income Trusts

September 28, 2022 Greg McIntyre, J.D., M.B.A.
Elder Law Report
Irrevocable Income Trusts
Show Notes

Would you like to have your cake and eat it too? If the answer is yes, then you don't want to miss this episode. Ryan Begley sits down with Elder Law Attorney Greg McIntyre to discuss Irrevocable Income Trusts and what that means for you and your potential!

An Irrevocable Income Trust is the best safe that we can build for you and is great for long-term care situations. The reason it is called an income trust is that you are the lifetime income beneficiary because you can receive all the income of the trust for the rest of your life even though the assets or the principle you put there is protected and lives there in the safe. This is the best of both worlds. You can have your cake and eat it too! Stay tuned for more!