Is it necessary to protect your assets? In Michigan, it is. Creditors aren’t the only worry. Lawsuits are possible. Imagine a freak snowstorm and a tree in your yard falling over and damaging your neighbor’s house. That’s a lawsuit in the making.
At EstateGenius, we review your assets and provide a comprehensive plan to protect them. In doing so, we also protect you and your family.
There are many ways to protect your assets. At EstateGenius, we help you build a proverbial fence to keep creditors and litigators out. The tools to protect your assets depend on your circumstances. It may require opening a trust, obtaining insurance, creating an estate plan, starting a business entity, or a combination of these and other tools.
Protecting assets is as much about securing your finances as it is securing your heirs’ future. Through asset protection, you can implement an estate plan that is comprehensive and provides for all your loved ones in the manner and nature of your choosing. Plus, your loved ones can access their inheritance or funds without having to wait on probate court.
If you do not qualify for certain government programs but want to, asset protection may be the answer you need. Typically, there are income qualifications for most government programs. By establishing asset protection trusts or the like, you can limit the assets in your name. You may then qualify for the government program.
People with certain assets risk losing them to creditors and taxes. We draft wills and trusts that protect assets now and help you provide financial security to loved ones later.Learn More
A revocable trust offers many benefits to the beneficiaries and allows you to control what happens to your assets. We help draft and fund revocable trusts to meet your specific needs.Learn More
You won’t always be able to care for a special needs child or family member. We help you draft a special needs trust to make sure they will continue to get the care they deserve.Learn More
Terminal illness may prevent you from deciding the best care. We devise living wills that allow you to make those decisions now so loved ones know the care you get is what you want.Learn More
Estate planning allows you to protect your assets against taxes and probate. We will review your estate and advise you on a plan that secures optimal benefits now and in the future.Learn More
You may not always be able to make the best financial or health decisions, but a power of attorney empowers you to allow another person. We help you find the right power of attorney.Learn More
You may need to seek an adult guardianship for a formerly legally competent loved one, such as a disabled spouse or an elderly parent.Learn More
A conservatorship may be the best option to protect a senior citizen or other adult who has lost the ability to take care of himself or herself.Learn More
We offer the experience and skill you need to make sure your estate plan is well-structured and benefits you and your family.Get to know us