Consider The Benefits Of Setting Up A Trust In Michigan

For most people looking to prepare an estate plan, trusts and other estate planning documents just seem overly complicated, and the entire process can become needlessly stressful. Even for people with some knowledge of estate planning, it is important to work with an experienced lawyer who can help them use trust instruments in a way that maximizes their options and works in concert with other aspects of their estate plan.

At the Nawrocki Center for Elder Law, Special Needs & Disability Planning, PLLC, we help clients throughout the Brighton, Michigan, area in creating trusts. Attorneys from our firm have decades of experience in elder law, estate planning, probate administration and related issues.

Whether you have a simple estate or significant, diversified assets, our legal team can help put you at ease and find the solutions you need. Contact our office today to arrange a consultation with an experienced attorney.

Revocable And Irrevocable Trusts

In addition to helping clients establish revocable trusts, irrevocable trusts, living trusts and other types of trusts and deeds, we provide clients with the detailed, personalized consultation needed to help them determine the best estate planning instruments for meeting their needs while protecting their assets.

There are several benefits to using a trust document as part of your estate plan, including:

  • Control: A trust will give you greater control over when your assets are transferred, the way in which they are transferred, who oversees the transfer and the circumstances under which they are transferred. For example, you could create a trust that would transfer assets to a grandchild, but set it up so that the assets would not transfer until after the grandchild graduates from college or gets married.
  • Tax efficiency: There are several tax consequences involved with transferring assets in an estate plan. By careful preplanning and the strategic use of trusts, you could minimize the tax consequences and transfer your assets more efficiently.

Contact Us

Our attorneys bring a wealth of experience and a client-centered commitment to every estate plan we help create. We can explain your trust options and create a comprehensive estate plan that integrates your trust documents with your Medicare and Medicaid plans, your veterans benefits and all other aspects of your estate plan.

To schedule a consultation to discuss your estate plan and trust needs, call 810-626-3277 (800-724-5989 toll free) or contact us online.