Thursday, October 6, 2011

Go Green with a Living Trust

We have all heard many of the great reasons to choose a trust - avoid probate, simplify the administration of your estate, make things easier on your loved ones... but have you considered the environmental impact of your estate plan?

The probate of a will typically generates more paperwork than the administration of a trust.  In my practice alone, a file for the probate of a will tends to be as much as 5 times thicker than a file for the administration of a trust - and if you add the file at the courthouse, and the pile of documents that were mailed to each interested party as required by Michigan Court rules... you can see how quickly it can add up. 

So, save a tree.  Choose a trust.  And, watch this space for more green estate planning tips.

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