What Does It Mean to Say That a Trustee Must Follow Trust Terms?

December 15, 2021

by Gregory S. Schrot Estate Planning Irrevocable Trust Trust

Are you creating a trust in Michigan for managing your assets? If so, you need to spend some careful time thinking about the role of trustee. For any trustee who is installed in this important role, it is important that they be familiar with the trust

What Are the Circumstances That Allow for Trustee Removal in Michigan?

November 9, 2021

by Michelle P. Biddinger Estate Planning Trustee

When a trustee is installed in that role, they have plenty of responsibilities. It’s up to them to carry out this role with a high level of ethics. Sometimes, however, a Michigan trustee wants to step out of the role or beneficiaries of that trust want th

What Does It Mean to Say the Trustee is a Fiduciary?

November 3, 2020

by Gregory S. Schrot Assets Estate Planning Trustee

When you create a trust, an important part of that process is selecting who will serve as the trustee of the assets placed inside. If you’re not familiar with the importance of this role and what it means to be a trustee, this blog will help. A trustee