|
The type of estate depends on numerous factors:
- Is there a Will?
- Real Estate to be sold or transferred?
- What persons have to be notified?
- How do we determine what assets need to be probated?
- How do we notify all potential creditors?
- What if the Estate is filing a lawsuit?
- Did someone take money when they shouldn't?
Michigan Law provides for Supervised Estates or Unsupervised Estates as well as Formal Proceedings or Informal Proceedings. It is important to properly fill out the correct forms. Some probate courts provide brief brochures and slight direction, but it remains the sole responsibility of the fiduciaries to gather the correct information, verify accuracy in reporting, and provide appropriate documentation, all while notifying the proper parties.
Mistakes cause headaches, greater costs, and repeated filings attempting to complete even the simplest process. Our Firm guides clients through the crucial steps of cost-effective collection, administration and distribution of assets, while reducing the liabilities of the estate. We evaluate and assist in resolving any disputes between family members, beneficiaries or creditors.
|
|
We want the loved one’s wishes to be fulfilled—not to reduce or eliminate the estate through unnecessary costs or litigation. We represent our clients as fiduciaries in the administration of all estates and trusts. We prepare the proper Federal and State Estate Tax Returns, if required, and plan for estate, retirement income and asset distributions to heirs.
Our Firm guides clients through the crucial steps of cost-effective collection, administration and distribution of assets, while reducing the liabilities of the estate. We evaluate and assist in resolving any disputes between family members, beneficiaries or creditors.
We prepare the proper Federal and State Estate Tax Returns, if required, and plan for estate, retirement income and asset distributions to heirs.
|
