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Monrovia Trust

IRREVOCABLE AND REVOCABLE TRUSTS

Irrevocable Trusts are used by wealthy individuals with assets over $5 million who are seeking to minimize or avoid estate and gift tax. There is no ceiling on the amount that can be protected in an Irrevocable Trust. An Irrevocable Trust cannot be changed.

A Revocable Trust is a Living Trust that can be changed or amended at any time.