Securing Family Legacies With Strategic Estate Plans
Every individual is unique and has built a lifetime of assets, debts and relationships. Without a custom estate plan in place, decisions about the distribution of debts and assets will fall on the courts. To maintain control, protect your assets and ensure that your estate is distributed according to your wishes, you should work with an attorney. Likewise, it’s crucial to address estate planning and related issues like long-term care planning as you age.
At Babut Law Offices, PLLC, we provide comprehensive estate planning and elder law services for people throughout Southeast Michigan. Our attorneys bring over 50 years of combined legal experience to the table. As a small-town, family-run firm with two generations of lawyers, we provide personalized, compassionate service to help you build a better future and protect the life you’ve built.
Call our skilled lawyers at (734) 725-0316 to schedule a free initial consultation. For your convenience, we have offices in Ypsilanti, Taylor, Jackson and Adrian.
Comprehensive Estate Planning And Elder Law Counsel
An estate plan can consist of many types of documents. The documents you use will depend on your situation and your goals. We can help you review your options and determine which documents will help you achieve those goals.
Our lawyers implement all types of estate planning documents and tools, including:
- Wills: A last will and testament is the most basic estate planning document. With a will, you can outline how you want your assets to be distributed and name your executor. Wills can also be used to create a trust for your assets; these are known as testamentary trusts.
- Trusts: There are many types of trusts that can be used to protect your assets and your loved ones. Trusts that are active during or after your life can be developed and may include revocable trusts, irrevocable trusts, charitable trusts and special-needs trusts. You can also create custom trusts to hold specific types of assets such as life insurance proceeds.
- Advance health care directives: Also known as a living will, this document helps you outline your wishes regarding your health care should you become incapacitated.
- Power of attorney: Similar to a living will, a power of attorney allows you to appoint an individual to make financial decisions on your behalf if you are incapacitated.
- Deeds: For real estate, retitling the property can be an effective way to accomplish your estate goals. For example, we can help you decide if a lady bird deed is right to protect your property from probate.
After a loved one passes, our firm can facilitate the complex probate and estate administration process. We also provide guidance on elder law concerns such as long-term care planning.
Contact Us To Secure Your Assets And Future
To discuss your estate planning or elder law needs with a qualified attorney, contact us by calling (734) 725-0316 or by sending us an email. We will carefully evaluate your family’s circumstances to recommend and implement wills, trusts and any other estate planning tools that could benefit you.
Estate Planning Resources
Please review these resources for more information about estate planning and elder law:
- Learn more about why it’s important to have an estate plan
- Read about the basic steps to creating your first estate plan
- Consider these important questions to address when creating a will
- Steer clear of these big estate planning mistakes
- Review these estate planning tips for avoiding Michigan probate court