SBO Trusts Are Safe Again

By Doug Chalgian on March 9, 2021

In a one sentence update, the Michigan Department of Health and Human Services announced yesterday that “solely for the benefit policy for spouses trust will not take effect until further notification.”

It appears that the Department has shelved any plans to challenge the efficacy of these important planning tools, which has been the subject of several posts here over the past months.   Good news for a Monday.

mm By: Doug Chalgian
Doug Chalgian

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