An irrevocable trust is a trust which cannot be revoked by the Grantor.  Likewise, any asset with which the Grantor funds their irrevocable trust no longer legally belongs to the Grantor.  Irrevocable trusts are used primarily in large estates that may be subject to estate taxes.  To see whether or not an irrevocable trust would be right for you, please contact the Law Offices of Mark Bain, P.A., at (954)455-8802.