Estate Planning Attorneys in Michigan

A Michigan estate plan ensures that your assets are distributed according to your wishes, reduces the burden of taxes and legal fees on your beneficiaries, and provides clear instructions for your care if you become incapacitated. It’s essential for protecting and providing for your loved ones.

A comprehensive estate plan typically includes a will, a power of attorney, healthcare directives, trusts (if applicable), and beneficiary designations. It may also consist of guardianship designations for minor children and instructions for your other assets.

If you die without an estate plan in Michigan, your assets will be distributed according to the state intestacy laws, which may not align with your wishes. This can also lead to longer and more costly probate proceedings.

Absolutely Not. Estate planning is important for everyone, regardless of wealth. It’s about ensuring your assets, no matter their size, are distributed as you wish and providing for your loved ones after your passing.

Our estate planning process typically involves three meetings with you over eight weeks. However, the exact time will depend on your unique situation and your estate plan’s complexity. It’s also important to remember that estate planning is an ongoing process. As your life, family structure, and bank accounts change, it will be important to update and revisit your estate plan periodically. Think of estate planning as a long-term investment in your family’s future.

An estate planning lawyer is pivotal in ensuring the efficient management and distribution of your assets. At Legacy Counsel, our attorneys craft personalized plans, addressing traditional needs and innovative solutions like the Kids Protection Plan and College Care Plan. We also ensure your plan evolves with you, offering regular reviews and comprehensive estate management and probate services.

The cost of an estate planning lawyer varies based on the complexity of the estate and the specific services required. While some firms charge hourly rates, Legacy Counsel charges a flat fee for its estate planning services. These are agreed to in advance, so there are never any billing surprises.

When choosing an estate planning lawyer, consider their experience, whether their firm has a concentration in estate law, client reviews, and your comfort level with them. It’s essential to work with someone who understands your needs and whom you can trust.