Posts Tagged ‘Beneficiaries’
Wills and Trusts: Understanding Your Estate Planning Options in Michigan
Understanding the differences between a will and trust in Michigan is crucial to proper estate planning? Here is a quick and simple reference guide: What a Revocable Living Trust Can Do in Michigan – That a Will Cannot What a Will Can Do in Michigan – That a Revocable Living Trust Cannot What Both a Will & Trust Can Do in Michigan, together:…
Read MoreThe Pros and Cons of Probate in Michigan
In estate planning circles in Grand Rapids, Michigan, the word “probate” often evokes mixed feelings. Indeed, for many people—especially those with valuable accounts and property—financial planners recommend trying to keep accounts and property out of probate whenever possible. That being said, the probate system was ultimately established to protect the deceased’s accounts and property as…
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