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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

The Role of a Trustee in Managing Your Trust

By: Nick Leydorf
When you are creating a trust, you are doing more than just establishing a legal vehicle to hold and distribute your assets. You are also placing a great deal of responsibility in the hands of a trustee. Whether you are creating a revocable living trust as part of your estate plan or setting up an […]
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Posted on: June 5, 2025 |
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How to Protect Your Children’s Inheritance

By: Nick Leydorf
Ensuring your children receive what you worked hard for requires protecting their inheritance from taxes, lawsuits, mismanagement, and sometimes, even themselves. At its core, inheritance protection comes down to planning. Without a well-structured plan, state laws may dictate asset distribution, potentially leading to outcomes that don’t align with your wishes. This guide outlines key strategies […]
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Posted on: June 5, 2025 |
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What Happens if You Die Without a Will in Michigan?

By: Nick Leydorf
Many people put off writing a will because they think they have time, or they assume their family will “just know” what to do. In Michigan, if you pass away without a valid will, the state decides how your assets are divided. That process is called intestate succession, and it often leads to results that […]
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Posted on: May 29, 2025 |
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How Often Should You Update Your Estate Plan?

By: Nick Leydorf
Creating an estate plan is one of the most important steps you can take to protect your family, your assets, and your wishes. However, making it is only the beginning. Life changes, and so should your estate plan. It’s important to review and update regularly to ensure it still reflects your current goals, financial situation, […]
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Posted on: May 29, 2025 |
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Understanding Advance Healthcare Directives

By: Nick Leydorf
When it comes to planning for the future, many people focus on wills, trusts, and financial matters. Something often overlooked, but just as important, is making medical wishes clear. In Michigan, advance healthcare directives allow individuals to plan ahead for their medical care if they ever become unable to speak for themselves. These documents are […]
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Posted on: May 22, 2025 |
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Avoiding Probate: Why it Matters, How to Do It, and the Trade-Offs

By: Nick Leydorf
Probate is the legal process of distributing a deceased person’s assets under court supervision. While it’s designed to ensure everything is handled properly, it’s often time-consuming, expensive, and public. That’s why many individuals and families take proactive steps in order to avoid it altogether. Here is an outline of the key reasons for avoiding probate, […]
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Posted on: May 19, 2025 |
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Probating Small Estates in Michigan

By: Nick Leydorf
When a loved one passes away, not every estate has to go through the full probate process. In Michigan, if the value of the estate is relatively low and certain conditions are met, you may be able to use a Small Estate Affidavit to transfer property without opening a probate case. This process is faster, […]
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Posted on: May 19, 2025 |
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Step by Step Guide to Navigating Transfer of Vehicle Title in Michigan

By: Nick Leydorf
Losing a loved one is never easy, and dealing with legal and administrative tasks duringa time of grief can feel overwhelming. One of the common issues families face is how to transferownership of a vehicle that was titled in the deceased person’s name. Whether or not probate isrequired, Michigan law provides a process for transferring […]
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Posted on: May 15, 2025 |
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Estate Planning for Families in East Lansing and Lansing, Michigan

By: Nick Leydorf
When it comes to securing your family’s future, estate planning is a vital step that can offer peace of mind and a strong foundation for generations to come. Here in East Lansing and Lansing, families have unique needs, whether they are just starting out, well-established, or planning for a legacy. This guide covers essential estate […]
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Posted on: October 31, 2024 |
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The Importance of Keeping Your Beneficiary Designations Up to Date in East Lansing, Michigan

By: Nick Leydorf
Make sure that your beneficiary designations are up to date. Taking a few minutes can avoid severe unintended consequences.
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Posted on: August 23, 2024 |
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