AboutAlexander J. Hay Expertise I can answer questions on trusts, wills, and specifically the use of Offshore Trusts and Companies in combination with Domestic entities to help with estate planning, tax minimization and asset protection.
Experience I am a U.S. attorney with offices in the United States and Belize. I have experience helping to protect assets, reduce taxes, and improve investment performance by utilizing global investment techniques.
Education/Credentials Harvard University, A.B. degree; University of Houston Law Center, J.D. Degree; Fulbright Scholar
Expert: Alexander J. Hay Date: 5/26/2008 Subject: irrevocable trust
Question Can you drop a person from a irrevocable trust?
Answer It wouldn't be irrevocable then would it???
Unfortunately it is impossible to correctly answer this question without looking at the trust, and reviewing the terms, but as a general rule, the Grantor of an Irrevocable Trust must give up all rights to the assets and the terms of the trust.
