Estate Planning Lawyer Serving Troy

Estate Planning Lawyer Serving Troy

As you consider your life and the legacy you wish to leave to your loved ones, your thoughts may turn to your estate plan. While a comprehensive estate plan will allow you to protect your wealth, interests, and future, setting up an estate plan alone may cause you to miss legal options and tools that better serve your goals and needs.

When you need help creating or updating an estate plan, let an attorney from Bingham Legal Group PC provide advice and guidance. Contact our firm today for a case evaluation with an experienced estate planning lawyer to discuss how we can assist you. Let us help you protect your hard work and family with a personalized estate plan that takes advantage of all available benefits under estate and tax laws.

Why Choose Bingham Legal Group PC for Your Estate Planning Needs?

Hiring an experienced estate planning attorney will ensure you have an estate plan tailored to your unique needs and goals. For years, clients have trusted the legal team at Bingham Legal Group PC for help with estate planning needs. We firmly believe that responsive communication and close working relationships are the cornerstones of high-quality legal representation. When you trust our firm to assist with your estate planning, you can expect to work directly with an attorney to develop an estate plan that meets your needs and furthers your goals for your legacy.

Because Bingham Legal Group PC is a smaller firm, we’re able to take a team approach to developing effective legal solutions for our clients and give you the benefit of the full range of our experience and resources. We strive to provide top-notch legal advice and advocacy without the added layers of costs that larger law firms may impose.

Estate Planning Services We Offer

At Bingham Legal Group PC, our experienced attorneys can assist you with all types of estate planning matters, including:

  • Wills – A last will and testament allows you to appoint someone to serve as the executor of your estate after your death, designate how you want your assets distributed, and nominate persons to serve as guardians for your children if you and your co-parent pass away.
  • Trusts – A trust is a legal relationship in which a trustee holds and manages property for beneficiaries according to the terms of the trust document. Individuals and families frequently use trusts to protect property, distribute family wealth, or provide resources and support for disabled or older family members.
  • Powers of Attorney – A power of attorney allows you to give a trusted family member, friend, or advisor the authority to manage your financial, legal, or personal affairs. Durable powers of attorney transfer this authority if you cannot manage your affairs or communicate decisions due to disability, health problems, or advanced age.
  • Healthcare Proxies, Healthcare Directives, and Living Wills – Healthcare proxies, also known as healthcare powers of attorney, allow you to appoint someone to make medical or end-of-life decisions. You can also create healthcare directives or living wills to advise your healthcare proxy and medical providers regarding your treatment or end-of-life preferences.
  • Beneficiary Designations – Bank and brokerage accounts, life insurance policies, and retirement benefits may give you the option of making beneficiary designations or designations instructing the asset holder to pay or transfer account assets or benefits to a specific person or group of people.

Frequently Asked Questions About Estate Planning

Common questions that our clients have about estate planning include:

Do I need an estate plan?

Some people view an estate plan as primarily a tool of the wealthy. However, a comprehensive estate plan can benefit individuals with few assets or little wealth. An estate plan can ensure that your assets pass to others according to your wishes after your death, appoint people to help you manage your affairs if you cannot do so yourself, and protect your children’s or other family members’ interests. An estate planning attorney can advise you on estate planning tools that can help you achieve your goals and protect your interests based on your and your family’s circumstances.

How often should I review my estate plan?

Once you’ve created an estate plan, you should review it regularly and update it after significant life events to reflect your changing wishes, priorities, and goals. In addition to reviewing your estate plan every few years, you should also review it after events such as:

  • Marriage
  • Divorce
  • Birth of children or grandchildren
  • Your child’s marriage or divorce
  • Substantial increases or decreases in income, such as through new jobs or promotions or loss of your business or employment
  • Receiving a substantial amount of wealth, such as from an inheritance or winning the lottery
  • Acquiring high-value assets like real estate
  • Changes to trust, estate, or tax laws
  • Moving to another state

How can an estate planning attorney help me?

You may find resources across the internet for self-drafting an estate plan. However, hiring an experienced attorney will ensure you have a valid, comprehensive estate plan tailored to your specific needs, preferences, and goals. An estate planning lawyer can help with the planning process by sitting down with you to discuss your current circumstances, goals, and wishes.

An attorney can identify estate planning tools to help you achieve your goals, implement plans, and protect your interests and wealth. Your attorney can draft necessary documents and help you execute them according to state law requirements. Finally, an estate planning attorney can meet with you regularly to review and update your estate plan to reflect changing circumstances, priorities, and wishes.

Contact an Estate Planning Lawyer Today

A tailored estate plan can give you the peace of mind that comes with knowing you’ve put your affairs in order. Don’t jeopardize your life’s hard work by not having a comprehensive estate plan. Hiring experienced legal counsel to guide you through the estate planning process will ensure you have an estate plan that serves your needs and goals. Contact Bingham Legal Group PC today for a confidential consultation with an estate planning attorney to discuss your legal options and get help creating or updating your estate plan.

Directions to Our Law Office in Bingham Farms

Bingham Legal Group PC has a conveniently located office at 30100 Telegraph Road, Suite 360, in Bingham Farms, MI. To get to our office:

From the North:
  1. Start by heading south on I-75 S.
  2. Take exit 69 for Big Beaver Rd/16 Mile Rd.
  3. Turn right onto Big Beaver Rd/16 Mile Rd.
  4. Continue on Big Beaver Rd until you reach Telegraph Rd.
  5. Turn left onto Telegraph Rd.
  6. Continue south on Telegraph Rd for approximately 2 miles.
  7. Turn right into the office complex at 30100 Telegraph Rd.
  8. Proceed to Suite 360.
From the South:
  1. Start by heading north on M-10 N (Lodge Freeway).
  2. Take exit 18A to merge onto US-24 N/Telegraph Rd.
  3. Continue north on Telegraph Rd for approximately 5 miles.
  4. Turn left into the office complex at 30100 Telegraph Rd.
  5. Proceed to Suite 360.
From the East:
  1. Start by heading west on I-696 W.
  2. Take exit 10 to merge onto US-24 N/Telegraph Rd.
  3. Continue north on Telegraph Rd for approximately 3 miles.
  4. Turn left into the office complex at 30100 Telegraph Rd.
  5. Proceed to Suite 360.
From the West:
  1. Start by heading east on I-696 E.
  2. Take exit 5 for US-24 N/Telegraph Rd.
  3. Turn left onto US-24 N/Telegraph Rd.
  4. Continue north on Telegraph Rd for approximately 3 miles.
  5. Turn left into the office complex at 30100 Telegraph Rd.
  6. Proceed to Suite 360.