In Michigan, like most states, a pet is not considered a human and, therefore, is not an Heir or Devisee under estate planning documents such as Wills and Trusts.  However, a pet may very well be an important part of the family.  In a recent seminar (22nd Annual Drafting Estate Planning Documents-ICLE), one of the

My second read of the “Fiscal Cliff Bill” raises the interesting question concerning the Credit-Shelter Trust.  For decades people getting their estate plans done have utilized a vehicle known as the Marital Bypass Trust; the A-B Trust; the Credit-Shelter Trust or some other name which means that the husband and wife each create their own