Legal Question in Wills and Trusts in Michigan
Living Trust
Scenerio: Unmarried man makes living trust, leaving his estate to his children. Man then marries, but does not change his trust beneficiaries to include wife. If the man dies without changing the beneficiaries, will the wife be excluded from all assets?
Asked on 7/22/05, 11:32 am
1 Answer from Attorneys
Blake Lipman
Law Office of Blake P. Lipman
Re: Living Trust
Yes, if the man's assets are put in trust prior to marriage or if assets held solely by man (not jointly owned) are put in trust. Assets jointly owned by man and wife and assets not explicitly put in trust will pass to probate where wife may assert her interest. For more info, please contact my office at (248)851-3171.
Answered on 7/22/05, 2:19 pm
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