https://www.123articleonline.com/rss/author/267449/alice-davidsonArticles written by alice davidson from 123ArticleOnline.comen-usCopyright (c) 123ArticleOnline.com All rights reserved. https://www.123articleonline.com/articles/1168641/living-trusts-in-michigan-protect-your-assets-and-give-you-peace-of-mind A living trust in Michigan or "revocable" trust is a legal document that maintains ownership of your assets during your lifetime. While you are alive, you serve as the trustee and manage the trust and all of the assets you put into the trust. When you pass away, the assets in your trust are then distributed to your designated beneficiaries according to your wishes.