When planning for the future, many people ask: “Do I need a will, a trust, or both?” The answer depends on your goals, your assets, and how you want things handled after you're gone.

In Michigan, both wills and trusts are legal tools used in estate planning—but they serve different purposes. Understanding the difference can help you make smarter decisions for yourself and your family.

When most people hear "estate plan," they think of millionaires, trust funds, or retirement. But the truth is, estate planning is for everyone—no matter your age, income, or family situation. And if you're a Michigan resident, there are some unique laws and considerations that make having a plan even more important.