One of the most common reasons to select a living trust in Michigan is to ensure that your wishes are properly followed during the course of your life and after you pass away. Property that is stored inside a living trust does not go through probate co
A trust is an estate planning tool that comes in many different varieties, all designed to help you accomplish various aspects of your estate plan. A trust needs to have a few crucial elements in order to accomplish these goals and to help you with the ma
In order for a revocable living trust to accomplish its goals appropriately, the trust maker has to do more than create the document and sign the agreement. The settlor then needs to take an additional step after identifying the property that will be plac
A special needs trust is an important component of how you protect a loved one who is reliant on government benefits such as Supplemental Security Income and Medicaid. Tapping into these benefits while still providing for your loved one can be done throug
Whether you've had the unfortunate experience of being a beneficiary or a family member to a loved one who didn't have estate planning or you simply know this is part of the process of being an adult, estate planning helps you to determine the most import
If you have the essentials of an estate plan, such as a will and a power of attorney document, this might not go far enough to accomplish all of your estate planning intentions. Your will is the cornerstone of your plan, but it doesn’t give you enough con
Whether you're organizing your own estate planning documents and strategies or helping your elderly parents to do the same, it's important to take a step back and think about the ways that you can make things easier for your loved ones when you are no lon
A trust is an estate planning device that many families use to protect their assets, prepare for incapacity, and protect their loved ones. Establishing a trust means you are creating a separate entity apart from yourself. If you create a trust entity a
