Estate Planning In Troy, Michigan

Find the right Estate Planning attorney in Troy, MI

Estate planning in Troy, Michigan is simply the act of deciding what you want to happen to your assets after your death. It usually entails making plans about funeral arrangements, as well as plans for end of life care.

The creation of a will (the document laying out what is to be done with your property after your death) is an essential element of an estate plan, but it is usually not the only element. There are many other essential things that most estate plans should include.

In addition to a well-drafted will, a comprehensive estate plan should include things like a living will (healthcare directives made in advance, in case you become incapacitated and unable to make or express such decisions), funeral instructions, and instructions relating to organ donations.

For anyone who has children who are still minors, it is very important to make arrangements for their custody and care, just in case the unthinkable happens. You should think of a family member or very close friend who you know would be willing and able to take care of your children, and designate them as the person who would take custody. Of course, it's essential to discuss this matter with that person before you actually do it.

What Type of Estate Plan Do I Need in Troy, Michigan?

The answer to this question depends on your individual needs, your priorities, your health, and the size and nature of your estate.

If you are in good health, young, and not married, planning an estate is probably not a high priority. And at this point in your life, it doesn't really have to be, with a few possible exceptions, such as individuals who work in very dangerous jobs, or who are very wealthy.

If you have a life partner in Troy, Michigan, but aren't married to him or her, estate planning is crucial. If you want your partner to have most of the same rights and responsibilities as a spouse, it's usually possible with good estate planning. You should grant your partner power of attorney, so they can make decisions for you in case you become incapacitated. Furthermore, you should name your partner as a beneficiary in your will, because, unlike a spouse, a life partner will not automatically inherit your property if you die without a will.

If you are elderly, and have a large amount of assets in Troy, Michigan, estate planning may be more essential at this stage of your life than any other. While estate planning deals with some morbid and unpleasant subjects (requiring us to confront the reality of our own mortality), it is crucial if you wish to live your life secure in the knowledge that your loved ones will be provided for to the extent that your assets allow.

Do I Need a Troy, Michigan Estate Planning Attorney?

Because estate planning in Troy, Michigan is not always simple, the assistance of a good attorney will almost certainly be useful, and worth the cost. This is doubly true because of how important the issues involved can be, and the fact that a relatively minor mistake can sometimes derail an entire estate plan.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Troy

Troy is a suburb of Detroit, Michigan. It is a well-recognized area for its shopping and business centers. Troy has many buildings providing office spaces, and an upscale Somerset Collection that has become a shopper's favorite.

Interestingly, Troy was ranked the fifth safest city in the nation! In 2008, CNN Money also ranked Troy twenty-second on the list of the "Best Places to Live in the United States." Criteria used by CNN Money for the list include housing, education quality, economy, and recreation. Offering so much, Troy manages to be the fourth most affordable U.S. city to live in, with an apparent median household income of ,000.

Some famous people who have called Troy home include Sutton Foster, Ellen Hollman, Martin Klebba, Steve McCatty, Ivana Milicevic, Steven Yeun, and Bridget Regan.

The Top of Troy is the city's tallest building that is home to many offices. Law firms have also found a home in The Top of Troy. These firms train attorneys to provide clients with the best possible legal services. Therefore, residents and local businesses will never have an issue solving any of their legal matters.

Overall, Troy provides residents with a wonderful quality of life!

Clients Rate LegalMatch Attorneys
(click to read reviews)

Regel B.
Regel B.

Wills, Trusts and Estates

Caldwell, LA

Brad M.
Brad M.

Wills, Trusts and Estates

Sussex, NJ

David L.
David L.

Wills, Trusts and Estates

Ashland, OH

Gotham Light