12-Jan-19
The New Michigan Divided Trustee Act and Trust Director (replacing Trust Protector)
Take-Away: Former Governor Snyder signed into law what is informally called the Michigan Divided Trustee Act, the (Uniform)Directed Trust Act, and replaced the term trust protector with a new term, trust director. Many of the changes are now part of the Michigan Trust Code, located at MCL 700.7704B. Three separate House Bills [6129, 6130, and […]
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