 Barone Law
Offices, PLC
is a full service law firm located in Plymouth,
Michigan. We have drafted thousands of estate
plans for individuals with estates ranging from very
modest to very large.
Our firm was founded
by attorneys who built their practice by being personable and
approachable people first and foremost.
They understood that
if a law firm provided experienced legal counsel in a
non-intimidating fashion, the demand for their
services would be great. This approach has
proven to be a very successful business model.
Today, our attorneys
are some of the most highly sought after and well
respected lawyers in the area. Please feel free
to explore our website to learn more about the estate
planning services that we offer. Discover the "Barone
Law Difference." Thanks for visiting.
Is a Living Trust right for you?
Despite what you may
have heard, there is no hard and fast rule to
determine when you should use a living trust as part
of your estate plan. One of the main reasons a
person executes a living trust is to avoid the
expense and delays associated with administering your
estate through the probate court. These fees can
easily reach thousands of dollars in court costs and
attorney fees.
A living trust is a
document that is signed during your lifetime where you
maintain complete control over your assets for as long
as you are alive and competent. At your death,
your successor trustee distributes your assets
according to the plan you set forth in your living
trust. All of this happens without the need for
probate court proceedings.
Some people feel
that if they have a Last Will and Testament, their
loved ones do not need to involve lawyers and the probate
court. This is wrong. If you have assets
in your own name, a Will won't avoid the probate
court. On the contrary, you can think of a
properly executed Will as your "admission ticket" to
court. A personal representative must be
appointed and your estate will have to be administered
in the probate court for the county in which you lived
at the time of your death. A properly drafted
and executed revocable living trust can avoid this.
For a complete
analysis of your particular situation, please contact
our office through the link below for a free and
confidential consultation with one of our attorneys.
For those individuals that have a difficult time
getting to our office, we also offer our unique
"Lawyer on Call" service where one of our attorneys
comes to your house to discuss your plan and sign your
documents. Our fees are clearly spelled out for your review
here and you
will not be charged until you authorize us to draft
your estate plan. The time you spend today can
save your loved ones thousands of dollars and hours of
heartache in the future!!
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