Reach Us 24/7

Call 248-886-8650 Now

ct-logo-new2
posr-img

Many families do not take the time to sort out how their estate and property should be handled once they pass on, but even a small amount of estate planning is beneficial. Most people think that estate planning involves simply arranging how assets and property should be disposed of or bequeathed upon the owner's death. However, an experienced Michigan probate attorney knows that proper estate planning also includes provisions to manage healthcare and finances upon the owner's temporary incapacitation.

Each owner and family estate plan should be crafted individually with the help of a knowledgeable attorney, but here are some basic components:

Will

As part of the estate planning, a will is a primary document that lays out the foundation of the plan. The will is the document that allows you as the deceased (the testator) to name the heirs to whom you will bequeath your property upon your death. It can also specify who will care for your minor children and who will be responsible for managing the affairs of the estate (the executor), as well as how you wish your remains to be laid to rest. If a property is passed via a will, probate is an issue.

Trust

When you establish a trust, you as the trustor act as the trustee during your lifetime and appoint a successor trustee to fulfill its terms upon your passing. Since there is no transfer of title for any asset or property within the trust, there may not necessarily be probate the property is owned by the trust and does not change hands upon your death. Rather, the trustor, and subsequently the successor trustee, manages the assets in accordance with the terms of the trust.

Advance Health Care Directive

An advance health care directive provides instructions as to the type of health care options that will be administered to the person in the event of his or her incapacitation. You can name a specific person who will be entrusted to make medical decisions on your behalf, and leave instructions as to the nature of treatments you may receive or refuse to receive.

Contact Us

For more information on how Michigan estate planning works, contact a Michigan probate attorney by calling the Law Offices of Christopher Trainor & Associates at 800-961-8477.

Related Posts

How to Administer an Estate in Michigan

How to Administer an Estate in Michigan

If you were named as executor in the estate of a loved one, a Michigan...

Importance of Executing a Will

Importance of Executing a Will

As any probate attorney in Michigan will explain, it is vital to memorialize your final...

A Michigan Probate Attorney Discusses Foreign Real Estate

A Michigan Probate Attorney Discusses Foreign Real Estate

Michigan probate courts have the authority to administer the estate of a decedent who has...

Previous PostNext Post

Get Answers From Experienced Lawyers

We are available for free consultations in person, via Zoom or through FaceTime.

Name(Required)
Required Fields *
This field is for validation purposes and should be left unchanged.
map-white-lake

White Lake
Main 

9750 Highland Road
White Lake, MI 48386
248-886-8650White Lake
map-flint

Flint 

336 W First Street
Flint, MI 48502
810-234-5678Flint
map-kalamazoo

Kalamazoo 

251 North Rose St., Ste 200-6013
Kalamazoo, MI 49007
269-447-2200Kalamazoo
map-ann-arbor

Ann Arbor 

2723 South State St. Ste 250-15096
Ann Arbor, MI 48104
734-882-2646Ann Arbor
map-grand-rapids

Grand Rapids 

250 Monroe NW, Ste 400-706039
Grand Rapids, MI 49503
616-591-3700Grand Rapids 
map-southfield

Southfield 

2000 Town Center, Ste 1900-1237
Southfield, MI 48075
248-886-8650Southfield 
map-lansing

Lansing 

120 N Washington, Ste 300-5101
Lansing, MI 48933
517-546-2279Lansing
map-bay-city

Bay City 

401 Center Ave, Ste 25
Bay City, MI 48708

989-262-0787Bay City
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram