If you are considering setting up a bare trust to convey property to your children or grandchildren, getting the advice of a Harbor Springs attorney skilled in bare trusts can help you determine if such a trust is the right tool for achieving your wishes.
In a bare trust, or simple trust, the beneficiary has the complete right to the capital and assets within the trust and the income generated by the assets. Assets of the trust are held in the name of a trustee, who must manage them to maximum the benefit for the beneficiaries. The trustee has no control over the trust's income or capital and must act according to the beneficiary's instructions. The beneficiary is entitled to take ownership and control of the trust property.
When searching for the right Harbor Springs Bare Trust Attorney for your needs, the LawInfo Lawyer Directory is the best tool to have. Our directory lists experienced and ethical professionals to help you through your legal issues.
You do not have to limit your search to just Harbor Springs. Feel free to expand your search to the surrounding areas and adjacent cities, such as Pellston, Levering, Brutus, Alanson, or even Petoskey. Expanding your search gives you a larger selection of qualified attorneys to choose from.
For instance, in Harbor Springs there are 31 qualified Bare Trust attorneys for you to consider; however, expanding your search by 50 miles will result in 27 qualified Bare Trust attorneys to consider. Expand your search to a 100-mile radius from Harbor Springs and you will have 28 qualified Bare Trust Attorneys to review. This increases your ability to find the right attorney for your case.
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Lead Counsel's objective process independently verifies attorney records, conferring with state bars across the country and conducting annual reviews to confirm that the attorney practices in the legal categories as indicated, possesses a valid bar license, and is eligible to practice in the specific jurisdiction.