Want Asset Protection? Here’s What They Don’t Tell You. If you’re considering an asset protection trust, understand this: They’re always irrevocable. Yes, some states (like Nevada, South Dakota, or Delaware) allow self-settled trusts — meaning you (the grantor) can still benefit from the assets. But they’re still irrevocable. And that opens up an entirely different can of worms: ❌ Taxes. Irrevocable trusts live in their own tax ecosystem. And it’s brutal. Only four tax brackets. Top bracket hits at just $15,200 of trust income. Meaning income gets taxed at 37% very quickly. So yes, the protection is real. But so is the tax drag—unless you plan correctly. Here’s one way around it: ✅ Distribute income to beneficiaries. ✅ Let them pay taxes at lower personal rates. But that requires precision. Because irrevocable trusts come with powerful benefits, but tight restrictions: 🔒 Asset Protection. 🏛️ Advanced Estate Planning. 🧬 Long-Term Leg...