There are many factors to consider when selecting the estate plan that is most appropriate for the individuals needs. Among those factors are the size of the client’s estate, the present status of the title to the client’s assets, whether the client or any prospective beneficiary will need assistance in managing the assets, the tax consequences of alternative plans, and whether relationships in the client’s family are reasonably harmonious.
After choosing the type of estate plan for the client’s needs, Burnett & Kastran will resolve the technical difficulties encountered in drafting the documents required to put the chosen plan into effect.
The administration of decedents’ estates in Michigan is within the exclusive jurisdiction of the Michigan probate courts and is specifically governed by the Estates and Protected Individuals Code.
The Burnett & Kastran law firm is well practiced in this field of law and will be able to assist individuals when dealing with their concerns.