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Michigan Living Trust for Husband and Wife with No Children
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State:
Control #:
MI-E0174
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Description Mi Living Trust

This Living Trust form is a living trust prepared for your state. It is for a husband and wife with no children. A living trust is a trust established during a person's lifetime in which a person's assets and property are placed within the trust, usually for the purpose of estate planning. The trust then owns and manages the property held by the trust through a trustee for the benefit of named beneficiary, usually the creator of the trust (settlor). The settlor, trustee and beneficiary may all be the same person. In this way, a person may set up a trust with his or her own assets and maintain complete control and management of the assets by acting as his or her own trustee. Upon the death of the person who created the trust, the property of the trust does not go through probate proceedings, but rather passes according to provisions of the trust as set up by the creator of the trust.
Michigan Trust Children Related Living Trust Forms

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Living Trust Other Form Names

Mi Husband Wife   Mi Living Children   Michigan No Children   Trust   Trust With No  

FAQ

Who is considered an heir in Michigan?

Is the eldest child next of kin?

Who is considered next of kin in Michigan?

Who inherits when there is no will in Michigan?

Who is next of kin mother or father?

How is next of kin determined?

What happens when a person dies without a will in Michigan?

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