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In this video, Larry Parman breaks down the common concerns people have about using irrevocable trusts in their estate planning. Many assume that “irrevocable” means a trust can never be changed—but that’s no longer true. Mr. Parman explains how today’s estate planning tools, such as trust protectors, decanting statutes, non-judicial settlement agreements, and judicial reformation, allow for flexibility when circumstances change. Viewers will learn how these modern options make irrevocable trusts more adaptable than ever before. Whether you’re planning your estate or helping a loved one, this video offers valuable insights into keeping your plan effective and up to date. Make sure to Like, Share, and Subscribe for more estate planning advice from Larry Parman. We're committed to providing you with the knowledge to navigate estate planning confidently. Got questions or need advice? Reach out to us at Parman & Easterday. We're here to help you at every step of your estate planning journey. For more information and to get our free Estate Planning Worksheet click the link here https://www.parmanlaw.com/ep-education/ Parman & Easterday 13913 Quail Pointe Drive, Ste B Oklahoma City, OK 73134 405-843-6100/office www.ParmanLaw.com