Do Irrevocable and Revocable Trusts Protect Assets Equally?

There are multiple types of trusts, but two of the most commonly used are revocable and irrevocable. In this brief podcast episode, an excerpt from a virtual happy hour event on May 12, Attorney Landon Hodges answers the question in the episode title regarding protection, gives some examples, and also explains who can hold the "key" to the trust in irrevocable trust situations.