Protect Your Best Interests. Call 989-546-4280 Today

Hall & Bolles, PC
989-546-4280
Attorneys Ready To Resolve Your Legal Problems
Thomas W. Hall Jr. and Becky J. Bolles

Mount Pleasant Will And Trust Attorneys

At Hall & Bolles, P.C., we understand the importance of planning for your family’s future. Estate planning, particularly through wills and trusts, offers the peace of mind and security of knowing that you have set things up as well as possible for your loved ones. These estate planning documents help ensure that your assets are distributed according to your wishes, limit unnecessary taxation and help your family avoid probate. 

From our office in Mount Pleasant, our experienced will and trust attorneys represent individuals throughout Central Michigan. Contact us today at 989-546-4280 to arrange a consultation.

What Is The Difference Between A Will And A Trust?

Wills and trusts are both estate planning documents, but they serve different purposes. A last will and testament outlines your wishes for property distribution after death. Trusts, on the other hand, involve transferring property ownership to the trust itself. This can minimize taxes and may help your loved ones bypass probate.

You may need both a will and a trust or trusts to meet your estate planning goals. Trusts come in various forms, each serving a particular purpose. A few examples include:

  • Living trusts: Allow asset management during your lifetime and simplify estate distribution.
  • Special needs trusts: Provide extra support for loved ones with disabilities without affecting their eligibility for government benefits.
  • Charitable trusts: Support charitable causes while offering tax advantages to your estate.
  • Charitable remainder trusts: Convert your assets into a lifetime income stream and then turn the remainder over to a designated charity upon your death.
  • Qualified personal residence trusts (QPRTs): Transfer your home directly to beneficiaries while reducing the potential for estate taxes.

At Hall & Bolles, P.C., we will sit down and listen to your goals, then recommend a will and any trusts that could reach those goals.

What Happens If You Die Without A Will And/Or Trust?

Without a will and/or trust, Michigan’s intestate succession laws apply. These laws dictate which immediate family members will receive your property. Unfortunately, they do not accommodate non-family members or charitable donations. Don’t let the state of Michigan determine who should receive your legacy. Set up a will and/or trusts today.

Can A Trust Help Your Loved Ones Avoid Probate?

Yes, trusts can streamline the probate process or even eliminate it for your family. Assets held within a trust typically bypass probate, reducing stress for your family. As long as you are diligent about including new assets in the trust over time, your non-trust assets may be quite limited. If so, your estate may qualify for simplified probate or avoid it entirely. Avoiding probate can be a real gift to your loved ones.

Contact Us At 989-546-4280 To Discuss Your Will And Trust

A valid will and trusts are crucial for protecting your assets and ensuring your wishes are honored. At Hall & Bolles, P.C., our will and trust attorneys are ready to assist you. Email us today to arrange a consultation and secure your family’s future.