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Blog Posts in Trusts

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  • Why Your Coronavirus (COVID-19) Checklist Should Include Durable Powers of Attorney for Health Care and Finances
    Why Your Coronavirus (COVID-19) Checklist Should Include Durable Powers of Attorney for Health Care and Finances

    At BRMM, we share all the concerns of every individual, family, and business as our country faces this unprecedented time in our lives. We echo the reassurance of health care experts that we can all ...

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  • What Happens When The Family Can't Get Along?
    What Happens When The Family Can't Get Along?

    Dealing with a loved one with Alzheimer’s disease, dementia or another condition causing loss of competence is difficult enough. The problem becomes even more troublesome when the condition acts as a ...

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  • What Is the Importance of Registering a Michigan Trust?
    What Is the Importance of Registering a Michigan Trust?

    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 ...

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  • Should You Consider a Domestic Asset Protection Trust for Your Michigan Vacation Home?
    Should You Consider a Domestic Asset Protection Trust for Your Michigan Vacation Home?

    Many Michigan families own a cottage or cabin up north for vacations and weekend getaways as well as family retreats and reunions. Often, the property is faithfully protected as part of the family ...

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  • Removal of a Trustee in Michigan: The Rules Are Clear
    Removal of a Trustee in Michigan: The Rules Are Clear

    When a trust fund is created, the trust documents name a trustee to administer the trust. Depending on the type of trust, the trustee’s responsibilities may begin immediately, or they may begin on the ...

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  • Important Tips: Why and How to Fund a Trust
    Important Tips: Why and How to Fund a Trust

    Trusts are a valuable tool in estate planning. A properly-crafted trust can save substantially on taxes, avoid having your estate probated and supervised by a court after your death, and make sure ...

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