Detroit Estate Planning Lawyer

Need Help With Estate Planning in Detroit, Michigan? Contact the Detroit Estate Planning Lawyer Professionals at the Terrasi Law Estate Planning Law Firm. Our Detroit estate planning attorney offer expert legal counsel in estate planning matters. An Experienced Detroit Estate Planning Lawyer can help people write instructions for the future handling of their real estate property, finances, healthcare, and the future support and care of their loved ones. If you need expert legal help consider a Detroit Estate Planning Lawyer at Terrasi Law. Our Detroit estate planning attorneys provide the highest quality legal services at low, affordable fees.

Contact A Detroit Estate Planning Lawyer At Terrasi Law
Call Us For A Free Consultation: 248-912-0024

Detroit Estate Planning Lawyer Helps With:

  • Advising The Personal Representative
  • Assisting The Executor
  • Establishing A Guardianship
  • Drafting Estate Planning Documents
  • Drafting Wills
  • Drafting Trusts
  • Drafting Revocable Living Trusts
  • Durable Power Of Attorney For Healthcare
  • Locating And Securing Both Probate And Non Probate Assets
  • Obtaining Date Of Death Values And Appraisals Of All Of The Decedent’s Property
  • Collecting Life Insurance Proceeds
  • Rolling Over And Making Appropriate Elections With Regard To Retirement Plans, Including IRA, 401K, and Investment Accounts.
  • Assisting With The Sale Of Estate Property
  • Requesting Court Permission For Various Actions As Required By Applicable State Probate Laws
  • Retitling The Decedent’s Assets Into The Names Of The Estate Beneficiaries
  • Preparing And Filing All Documents Required By The Probate Court In A Timely Manner
  • Advising On The Payment Of The Decedent’s Final Bills And Outstanding Debts
  • Keeping Track Of The Estate Checking Account
  • Determining If Any Estate And Gift Taxes Will Be Due And, If So, Then Figuring Out Where The Cash Will Come From To Pay The Taxes
  • Addressing Income Tax Issues
  • Settling Disputes Among Personal Representatives/executors And Beneficiaries

If you need expert legal help consider a Detroit Estate Planning Attorney at Terrasi Law

Our Detroit estate planning lawyer professionals provide the highest quality legal services at low, affordable fees.

Contact A Detroit Estate Planning Lawyer At Terrasi Law
Call Us For A Free Consultation: 248-912-0024

Do you need an experienced estate planning attorney in Detroit, Michigan? The Terrasi Law law firm serves Detroit directly from our offices in Detroit, Michigan.

We offer Detroit estate planning lawyer professionals that focus extensively on estate planning, retirement plans, mutual funds, IRAs, and we offer affordable payment plans.

Experienced Detroit Estate Planning Lawyer

Use the contact form on the right hand side of this page to contact one of our Detroit estate planning attorney professionals for legal advice. The first consultation is absolutely free at no charge to you.

Contact A Detroit Estate Planning Lawyer At Terrasi Law
Call Us For A Free Consultation: 248-912-0024

Detroit Probate Lawyer

Estate Planning involves the distribution of assets after death. Most people tend to avoid estate planning until it’s too late and end up leaving their heirs and family members with a financial and administrative situation that requires a probate court to clear up. Often times heirs and family members inherit less because of probate expenses that include: probate court costs and taxes. It is critical that guardianship, wills, trustees and legally compliant estate planning documents are in order before a death occurs.

An experienced Detroit estate planning lawyer and Detroit probate lawyer draft and develop essential documents in any estate plan. The most fundamental estate planning document is a Last Will and Testament. A will is a legal document that allows you to name beneficiaries and distribute assets to specific family members and loved ones after you die. If you die without a will, all of your real estate property and assets will be distributed by the state of Michigan, after state administrators serving the probate court determines where the state of Michigan believes your money, property, and assets should go, without regard to your wishes or your family’s needs. Hiring a lawyer to draft a will is essential if young children are involved, as a will allows you to name a guardian for your children.
Detroit Probate Lawyer

In cases involving a will in Michigan often times following your death your assets are frozen until they pass through probate. It is important to hire a Detroit probate lawyer to pass assets onto named beneficiaries. People living in Michigan that would like to avoid probate need to hire an estate planning and probate lawyer in Detroit to draft a Revocable Trust, often called a Living Trust. The living trust acts very similar to a will.

Our Detroit living trust lawyer professionals develop trusts that enable clients to direct property and assets to named beneficiaries. A Living trust allows Detroit families to avoid probate. A trust also can be applied to help protect assets from the creditors of beneficiaries. The Durable Power of Attorney is another essential estate planning tool. The Durable Power of Attorney allows you to name an executor to manage and distribute your finances in the event that you cannot. If you become incapacitated without naming a Durable Power of Attorney, then the court will have to name a guardian to act on your behalf.

Contact A Detroit Probate Attorney At Terrasi Law
Call Us For A Free Consultation: 248-912-0024

Detroit Estate Planning Attorney. Detroit Estate Planning Lawyer.