Do you have a plan in place for your estate, or that of a family member? This is important not only in case of a death in the family, but in order to reduce taxes, monitor expenses and determine beneficiaries. There are many aspects to estate planning, including maintaining a will, trust, powers of appointment, powers of attorney, and medical power of attorney. We can help you set up charitable remainder trusts and qualified personal resident trusts in order to prevent estate tax for future heirs. Each estate in northern Michigan is unique, with varying assets and management options. We can help you manage the finances and guide you in making important decisions on your estate so you can enjoy your assets with ease of mind.
Here are some of the common estate planning situations we help guide clients through:
• Legal planning
• Tax planning
• Advising on estate devices