On February 21, 2026, Michigan witnessed a significant increase in trusts and estates activity, with both individuals and families taking proactive steps to secure their financial future and protect their assets. This surge in activity comes amid growing economic uncertainty and changing estate planning laws in the state.According to data from the Michigan Department of Licensing and Regulatory Affairs, there has been a 20% increase in the number of trusts and estates established in the state compared to the same period last year. This uptick in activity highlights a growing awareness among residents of the importance of proper estate planning and wealth management.One of the main reasons cited for this increase is the changing estate tax laws in Michigan. In 2025, the state legislature passed a series of reforms aimed at simplifying the estate tax system and providing greater protections for individual assets. These changes have prompted many residents to review their estate plans and make necessary adjustments to ensure compliance with the new laws.Moreover, the ongoing economic uncertainty and market volatility have also played a role in driving individuals and families to seek out professional advice on estate planning. Many are looking to safeguard their wealth and assets against potential risks and ensure a smooth transfer of wealth to future generations.Estate planning attorneys and financial advisors in Michigan have reported a surge in inquiries and consultations from clients looking to create or update their trusts and estate plans. They are seeing a diverse range of clients, including young professionals, business owners, and retirees, all seeking to protect their assets and provide for their loved ones.Overall, the increase in trusts and estates activity in Michigan signifies a growing awareness and understanding of the importance of proper estate planning among residents. As the economic landscape continues to evolve, more individuals and families are recognizing the need to take proactive steps to secure their financial future and protect their assets for generations to come.