A trust is essential a relationship in which one person holds, uses and protects ones (or another’s) property for the benefit of others. At the most basic level, you may create either a revocable or irrevocable trust. With a revocable trust, you retain the rights to the assets and have the ability to change or even revoke the trust at any time, but an irrevocable trust cannot be changed once created. If you are unsure whether you need a will or trusts, or both, please contact our attorneys. At Enecks and Enecks, we can help you decide, based on your personal interests and assets.