Estate Planning Services in Royal Oak, MI

We so often hear that hard work is the path to achieving the American dream. However, retaining as much of your earnings as possible for your family is a challenge. Our attorneys at Wills & Trusts Now!! are experienced estate planning attorneys. We work with you carefully to assist you to evaluate your financial situation in order to preserve and protect your assets. The goal of proper and efficient estate planning is to organize your assets in a manner to minimize tax liabilities, avoid probate and minimize expenses to protect your family and estate. 

Wills & Trusts Now!! provides effective and personalized estate planning to our clients. Whether you require a one-on-one consultation with one of our attorneys, a will, a durable power of attorney, an advanced health care directive (living will), a simple or complex trust or other documentation, Wills & Trusts Now!! will be your complete estate planning resource. We develop your estate plan with your personal concerns, objectives and family requirements at the forefront. 

As you begin to work with Wills & Trusts Now!! we introduce you to many of the strategies commonly used in estate planning. Among those strategies is the creation of a revocable living trust during your life time and the transfer of some of your assets to that trust for the benefit of your spouse or other beneficiaries. This form of trust enables the person creating the trust, as the grantor and initial trustee, to maintain control of the assets transferred to the trust. 

Unfortunately, many families will use a quit claim deed to avoid probate and to further their estate planning objectives rather than to employ a revocable living trust to accomplish planning for spouses and children. However, doing so, often results in serious negative consequences for the family. In planning your estate, Wills & Trusts Now!! will ask you questions about the health of each spouse and each child, educational and employment concerns, marital concerns and the financial capabilities existing in your family. 

Our Michigan licensed estate planning attorneys will allocate the time to listen and understand your goals and develop an estate plan that protects your assets and your family. 


What is Estate Planning?

Estate planning allows an individual to plan for his or her lifetime objectives and to provide direction about the disposition of his or her assets after death.

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How Can Estate Planning Help Me?

Regardless of your age, or how complicated you believe that your family and estate affairs might be, you need to plan for the future events in your lives.

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Common Documents Used in Estate Planning

We've compiled a list of common documents that are used in Estate Planning.

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Common Documents of Estate Planning

Living Wills

A living will, despite its name, isn’t at all like the wills that people use to leave property at their death. It has no power after death. It’s a document prepared especially for you and your estate while you are alive.

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Wills

A will or last will testament is a legal declaration by which a person names one or more persons to manage his or her estate and provides for the distribution of his or her property at death.

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Trusts

Trusts are a legal tool that can help avoid many of the legal complications that often accompany the death of a loved one. Save time and money by keeping your assets out of the probate process.

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Contact Wills & Trusts Now!! For your free consultation