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[quote=Anonymous][quote=Anonymous]OP here. Current NW is $5MM, but likely to go up to $10MM in a few years. This does not take into account any other appreciation of assets. We’re in our 40s. [/quote] No, you should not be putting any assets in an irrevocable trust unless there’s something else major going on and it’s part of a comprehensive estate plan prepared by a reputable professional that you then ran by another reputable professional. I can’t even think of what a that situation would be, I guess maybe non voting shares in a company that’s about to patent alchemy? What you’ve written does not support the idea. And you certainly wouldn’t put your house in one. [/quote]
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