Your Michigan Wills, Trusts, & Estates Explained Simply: Important Information You Need to Know for Michigan Residents

Few people want to think about what would happen to their families if they become disabled or die; however, planning for these occurrences in advance will reduce potential stress on your family later in life. The right plan can protect the value of your estate and spare your loved ones unnecessary hassles and legal conflicts.

This book will take the guesswork out of planning your estate and help you finally understand the complex processes. Your Michigan Wills, Trusts, & Estates Explained Simply will help you glide through this complicated process. This book has been adapted to offer Michigan residents state-specific advice for estate planning.

Author Linda C. Ashar, attorney at law, has crafted an estate-planning primer that allows Michigan residents to become more informed and more involved during the process. Your Michigan Wills, Trusts, & Estates Explained Simply will provide all the information you need to choose, set up, and execute a will, trust, or estate. You will learn the legal terminology, including beneficiary, probate, trustor, trustee, assets, guardianship, and executor. You will also learn about trust agreements, trust property, settlement costs, life insurance, durable powers of attorney, marital deductions, gift splitting, survivorship deeds, gift tax issues, generation skipping transfer tax, tax deferred accounts, and advance directives.

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This Atlantic Publishing eBook was professionally written, edited, fact checked, proofed and designed. The print version of this book is 288 pages and you receive exactly the same content. Over the years our books have won dozens of book awards for content, cover design and interior design including the prestigious Benjamin Franklin award for excellence in publishing. We are proud of the high quality of our books and hope you will enjoy this eBook version.

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