Are you ready to find a Michigan living trust attorney? Have you learned enough to know whether or not you would benefit from a living trust? Finding an attorney is easy, start by asking family, friends and coworkers. A personal recommendation from someone you trust is always the best way to hire a professional. Another way to find a local estate lawyer is with a service like Legal Match.
Do you really need a living trust? We have a page titled living trust examples that may answer that question for you. While there are many benefits, they do not apply to everyone.
One
reason living trusts have become so popular over the last twenty years
is the ability to create a legal document that lets your beneficiaries
avoid the lengthy and costly probate procedure. The second most popular
reason is to save your heirs large amounts of money in estate
taxes. This only applies to large estates and only works if it is
created correctly.
There are many lesser known advantages just like there are many different types of trusts. Review
these pages to see what can be gained and the correct tool for doing
so. Do you want to keep your holdings out of the public record, avoid
your children fighting over your assets or provide income to a
handicapped child? Learn the reasons for creating a trust and the types
available.
Is there a way to write a living trust without hiring an attorney? Yes, and it is done all the time. Legalzoom has forms to make the job easy and NOLO offers books, software and more.
While
some of you may be just fine on your own, the majority will consider
this matter important enough to only trust it to an expert. Michigan
living trust attorneys can be found in Detroit, Grand Rapids, Flint and
all over the state. The link below can get you started in the right
direction.
We'd love to hear your comments or opinions. Submit them here and other visitors can read them and comment on them. An e-mail address is not required.
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