Hamtramck, Michigan Estate Planning Lawyers
My holistic approach to legal services looks at the various implications of certain legal actions while tailoring my services to fit your specific needs. I will work hard to understand you and your goals, be accessible and come up with a plan to obtain the best outcome given the...
My estate planning services include drafting wills and trusts, probate administration, and tax planning. If you need an estate plan or would like a review...
Saint Clair Shores, MI 48080
Prior to establishing Serafini, Michalowski, Derkacz & Associates, P.C., Jeff worked with a large regional accounting and business consulting firm, an insurance defense law firm and a business law firm specializing in corporate law, business formation, business consulting and private equity matters. After working with an elder law and estate planning firm...
From 1995 to present, Phil...
We are here to assist you in all areas of wills and trusts, estate planning, and probate law in the State of Michigan. Our...
Hamtramck Estate Planning Legal Aid & Pro Bono Services
Detroit Bar Association Volunteer Legal Services
Lakeshore Legal Aid
Planning your estate?
Estate planning arranges for the transfer of an individual's estate at the time of death. An estate consists of all property owned at death before it is distributed by will, trust, or intestacy laws. An estate may contain both real property and personal property. Estate planning allows an individual to decide exactly who will benefit from his or her estate, and to what extent. It can also reduce the taxes imposed on the transfer of assets at death.
An experienced estate planning lawyer can help minimize the amount of the estate surrendered to taxes as well as ensure that the management and distribution of the estate is carried out according to your plans. Particularly when your plans are complex and/or you have substantial property or assets, it is important to have an attorney who can ensure that your plan functions the way you intend. Depending on the complexity of your individual situation, your estate planning team may include attorneys, financial planners, bankers and insurance professionals. Some states certify attorneys as estate planning specialists, which means they have met certain requirements for experience, education, and testing in that field.
Fiduciary: A person or institution who manages money or property for another and who must exercise a standard care imposed by law, i.e., personal representative or executor of an estate, a trustee, etc.
Personal representative: The person who administers an estate. If named in a will, that person's title is an executor. If there is no valid will, that person's title is an administrator.
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