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Estate Planning in Michigan | Planning for your parents | The Law Office of David L Carrier

Helping Your Parents Establish an Estate Plan

Depending on your parents, discussions regarding estate plans can be either easy or hard. Some people are lucky in that their parents may be at a stage of their life where they’re willing to accept some help and guidance from their adult children. Others may be resistant, which will likely make everything from gaining power of attorney to helping them find in-home assistance or a care facility difficult.

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What is a sweetheart trust?

A revocable living trust is an estate planning tool that lets you transfer assets to a trustee. You can serve as your own trustee, allowing you to keep control over the assets during your lifetime....

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