In Trust . . .

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A presentation on the “New” Michigan Domestic Asset Protection Trust Act was hosted by Jaffe Raitt Heuer & Weiss March 7 at its Southfield offices. The program was held in cooperation with the Debtor/Creditor Rights Committee of the State Bar of Michigan. Judith Greenstone Miller (center), a partner with Jaffe, was a featured speaker along with Robert Tiplady II (left), an attorney with Dykema Gossett. Also pictured is Paul Hage, a partner with Jaffe. Michigan is now one of 17 states that have adopted legislation creating protection for individuals from creditors, according to Miller. The legislation, which validates self-settled trusts that were previously held to be invalid against creditors by the Michigan Supreme Court, was signed into law last December and became effective March 8.

Photo by John Meiu
 

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