Prince Law Firm
Call For A Consultation
Toll Free 866-383-1125
Local 248-419-1968

March 2015 Archives

Millionaire uses trusts to distribute charitable gifts

Many people who make charitable donations a regular part of their lives while living look for ways to continue their legacy of generosity after their deaths. In addition, arranging for charitable gifts after one's death can also be an important part of tax planning. Although trusts have many different potential purposes and uses, many people choose to use them to make bequests to organizations they wish to support.

Let us help you create powers of attorney

Estate planning can be intimidating for many people because of its perceived complexity. Many people may also be confused about what "estate planning" really refers to because of the word "estate": they may think that it is something that only applies to those with considerable wealth or assets. Estate planning is for everyone, however, and has many different facets. One commonly overlooked, but very useful, component of estate planning is the power of attorney.

Pros and cons of naming a trust as retirement plan beneficiary

Comprehensive estate planning generally involves more than just drafting a will, although will creation is a great place to start. Many Oakland County residents have a range of needs and plans they want to prepare for and careful estate planning can help them achieve their goals. Trusts and trust administration can be an important component of estate planning, but many people are not aware of the functions they can serve.

What is Michigan probate litigation?

Many Michigan residents have very little knowledge about what exactly happens to a person's estate after he or she dies. Probate administration, and the word "probate" in general, are commonly tossed around. But, the meaning of these terms may be unclear. Probate litigation is another spin on the term, and potential heirs and other interested parties would do well to understand its implications.

How Can We Help You?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Our Office

Prince Law Firm
800 W. Long Lake Road, Suite 200
Bloomfield Hills, MI 48302

Fax: 248-865-0640
Bloomfield Hills Law Office Map

Connect with us

  • Facebook
  • Twitter
  • Linkedin
  • Google+
VISA | Master Card | American Express | Discover Network