Answer: When the person nominated is unsuitable and it is in the best interest of the estate for another to serve. As background, according to MCL 700.3203(1), a person named in a will to serve as ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. About 70% of U.S. adults don’t have a will or trust, according to ...

1) the property owner (grantor) retains life estate while granting to someone else (grantee) the remainder interest, and 2) the grantor retains the legal right to rescind the remainder interest to ...

Living trusts allow you to avoid the probate process, which can be expensive and lengthy. A will is easier to set up and maintain than a living trust. Living trusts may make more sense for public ...

Once an agreement is reached, it should be reduced to writing and signed by all of the necessary parties. FG Trade / Getty Images (Part three in a three-part series regarding estate administration ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...