Did you know that trusts are not just for the wealthy?
A trust is a legal document that manages your assets and property in Michigan. This document also ensures that your assets are properly distributed according to your wishes. Successfully setting up a trust will lower your chances of your final wishes not being carried out.
Trust: An arrangement that allows a trustee to hold assets on behalf of a beneficiary.
Grantor, Trustor, Settlor: The person who original owned the assets.
Trustee: The person or institution appointed to manage the assets of the Grantor for the benefit of a beneficiary.
Let Probate Lawyer Michael Colton assist you!