The Power of Discretion: An Introduction to Creditor Rights and Disability Planning Under the Michigan Trust Code

Posted on: Tuesday, December 1st, 2009

Doug Chalgian

The rights of creditor’s to collect against assets held in trust are expressed in Part 5 of the Michigan Trust Code (the “MTC”). The objective of this article will be to summarize those rules and explain how they are organized. This will include a discussion of how these rules relate to the use of so-called “special needs” trusts…

mm By: Doug Chalgian
Doug Chalgian

Posted in Estate Planning