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Does a trust need to be recorded in Michigan?

If you have a trust in Michigan, state law provides that you can register the trust. Registering a Michigan trust is not required (except for certain charitable trusts, as discussed below). Even for non-charitable trusts, there are good reasons that a trust should be registered.

What should you not put in your will?

Here are some items that you should never put in your Will: Business interests. Personal wishes and desires. Coverage for a beneficiary with special needs.

What is a pour over will in Michigan?

A pour over will is a legal document that satisfies all the legal requirements of a will in Michigan, but that also includes a provision within it that transfers property to a trust that has previously been established. A person does not need both a pour over will and a traditional will.

What is a pour over in a trust?

With a pour-over will, any assets not included in your trust are automatically transferred to your trust after you pass away. Think of it as a kind of safety net, capturing any property you didnt transfer to your trust while you were alive.

How do I file a trust in Michigan?

How to Create a Living Trust in Michigan Decide what type of trust you want. Next youll need to take stock of your property. Pick a trustee. Create the trust document. Sign the trust document in front of a notary public. Fund the trust by placing property into it.

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