Joint trusts offer clients many benefits both during life and after death. Those with joint trusts need to understand the limitations inherent in the trust and the importance of seeking qualified counsel upon the death of the first spouse to ensure that the trust administration runs smoothly. A recent Michigan case highlights what happens when the surviving spouse fails to do that or simply ignores the terms of the trust altogether. Read on to learn more.
Dennis P. Lee is the founder and president of Lee Law Office. He graduated from Creighton University and then received his law degree from the Creighton University School of Law. While in law school he was a staff editor of the Creighton Law Review.
Latest posts by Dennis P.Lee (see all)
- Understanding the Importance of the Simultaneous Death Act - September 15, 2023
- R-E-S-P-E-C-T Find Out What It Means To…Your Estate Plan - August 15, 2023
- 529 Plans – The “Holy Grail” of Estate Planning - July 30, 2023
