distributions

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I Don’t Agree with Their Trust/Will. Can I Change It?

Fictional Scenario: Our client who we prepared an estate plan for had just passed away. She had named her oldest daughter as the sole successor Trustee and divvied up her remaining assets among all four of her adult children. Three of her four children had given her grandchildren. The youngest daughter decided that she and [...]

WRONGFUL DEATH DISTRIBUTION

WRONGFUL DEATH DISTRIBUTION A wrongful death lawsuit was commenced by a personal injury firm and a favorable settlement was reached for the decedent.  Following a settlement, the proceeds of the settlement must then be distributed to the wrongful death claimants based on Michigan’s wrongful death act, MCL 600.2922.  The statute distributes the proceeds to certain family [...]

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