In this episode of The Balance Sheet, host Dale Shaw sits down with Brian Sak, Managing Partner at Granite Harbor Advisors, to unpack the complex world of irrevocable trusts. They explore the fundamentals of trust planning, compare revocable and irrevocable structures, and highlight strategic tools like SLATs, ILITs, and GRATs used in advanced estate planning. Brian shares practical examples and insights into how thoughtful trust design can reduce tax exposure, preserve family harmony, and build a lasting legacy. The discussion also touches on upcoming tax legislation and the importance of proactive planning in an ever-changing legal landscape.