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Drafting the Michigan Trust, Fourth Edition

The Best Collection of Trusts at Your Fingertips

Anchored by an excellent, clearly written standard revocable trust, this book is designed for the trust drafter. It includes a pourover will, powers of attorney, certificate of trust existence, acceptance of trust, and many sample assignments. These documents, combined with discussion of the substantive trust law and planning issues, result in worry-free drafting whatever your level of practice.

With this book, you will be able to:

  • Perfectly tailor a trust to suit your client's particular needs
  • Know when and how to draft using trust protectors
  • Know when the revocable grantor trust should receive retirement benefits, and how to draft for this situation
  • Learn where and when not to use a joint trust and what critical provisions to include
  • Understand the potential negative tax consequences of a revocable trust upon the grantor's death and plan around them
  • Effectively communicate the nature of the trustee's duties to your client

Highlights of the latest update include:

  • A new section on undisclosed trusts
  • Updated legislation on pet trusts
  • A new section on planning considerations for farm animals
  • Amended language regarding firearms and transferring firearms
  • Updated special needs--limited power of appointment trust clause

PRINT BOOK
600 pages, 1-volume, 7x10 paperback. Includes a download of forms. Current to 07/01/24. Next update TBD. Subscription service available.

ONLINE BOOK
Fully searchable and continually updated. Citations link to Michigan caselaw, statutes, and court rules. Includes online index, downloadable forms, and summary of changes. Price is for a one-year subscription.

Editor Richard C. Mills shares what’s in this edition, including 107 sample forms.
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