Legal Question in Wills and Trusts in Michigan

Why do I need a trust if I have a will and durable power of attorney and power of attorney for health care?


Asked on 7/24/13, 11:02 am

2 Answers from Attorneys

William Stern William Stern, P.C.

I don't know about "needing" a trust. However, if property is in your name at the time of death, the property could not be transferred to the beneficiary unless you go through probate. A trust has the property transfer without going through probate, thereby making things more efficient and easier and saving money.

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Answered on 7/24/13, 11:06 am
Timothy Klisz Klisz Law Office, PLLC

You likely dont, unless you are in a high asset bracket.

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Answered on 7/24/13, 11:48 am


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