Protecting inheritance is important, and, when it comes to the potential for arguments among family members, the documents which are drafted specifically to distribute an inheritance can be of the utmost importance. That's why in one fight involving a high-profile individual, the fight was over almost as soon as it began.
There is a plethora of estate planning options for Detroit residents who want to avoid probate litigation and reduce personal liability. Neither lawsuits over personal property nor family strife pertaining to the distribution of assets are desirable consequences of estate planning. In particular, Michigan real estate owners may want to consider a few important tools for avoiding future problems with probate.
Residents in Oakland County who are involved in estate planning may be wondering if living trusts offer any kind of asset protection.