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Michigan Estate Planning Attorneys
In Michigan, a Lady Bird Deed has many estate planning benefits. By using a Lady Bird Deed the owner of a property may deed the property to whomever they want, usually their children, but reserve for themselves a life estate. They retain the ability to se
Who will carry on the values most important to you? Who will support your family if something happens to you sooner than you expected? Who will receive what, and should anyone know about that in advance? These are just a few of the questions to consider.
Do you have a plan for your future? How will you pay for retirement? What will your retirement look like? And do you have funds or plans if you need long term care support? All of these are important questions to answer. Many people put off planning t
As an adult, you need both a financial plan and an estate plan to help cover all of the different perspectives of your holistic life. Getting professional help with both an estate plan and a financial plan is strongly recommended so that you do not overlo
When a trustee is installed in that role, they have plenty of responsibilities. It’s up to them to carry out this role with a high level of ethics. Sometimes, however, a Michigan trustee wants to step out of the role or beneficiaries of that trust want th
A personal representative is still required to handle the administration of probate in your case and Michigan law spells out the priority for who can be named in this important role. This applies to both informal and formal probate proceedings in Michigan
If you already put together a trust in Michigan but want to change it, this is a big benefit to using revocable tools in the first place. But it’s not as simple as crossing out parts that you no longer want to honor. With an older trust, you need the help
When you pass away, your affairs must be closed out with the help of the courts. This involves appointing a person to handle your Michigan probate and all the related administrative tasks. The length of a probate case depends on multiple different fact
One of the most common reasons to select a living trust in Michigan is to ensure that your wishes are properly followed during the course of your life and after you pass away. Property that is stored inside a living trust does not go through probate co
A generic power of attorney document, such as those provided by online forms that are easily downloaded and filled out, may not contain the necessary limitations that you intended. This means that by default, your power of attorney agent may have broad po