Practical Guidance
Time-saving Solutions
Knowledgeable Insights

LexisNexis Practice Guide: Michigan Estate Planning

Select a format

Print Book :1 volumes, softbound, updated annually
ISBN: 9781522137788
In Stock
Price
$176.00
QTY
eBook :epub
2017 Edition
ISBN: 9781522137795
In Stock
Price
$176.00
QTY
eBook :mobi
2017 Edition
ISBN: 9781522137795
In Stock
Price
$176.00
QTY
International Order Inquiry

Product details

Authored by Professor Dustin S. Foster, an Assistant Professor at the Thomas M. Cooley Law School and supervising attorney for the law school's Estate Planning Clinic, and Sara Schimke, an Associate in the Southfield office of Jaffe Raitt Heuer & Weiss in the Estate Planning and Probate Practice Group, the Practice Guides include clear and concise explanations of the fundamentals of Michigan estate practice, checklists to ensure that practitioners address all of the salient points in any transaction, professional tips for both beginning and experienced practitioners, and alerts to traps for the unwary practitioner. To further enhance the usefulness to practitioners, the Practice Guides incorporate both official and unofficial forms needed to complete the estate and probate processes.

No two clients in the estate planning process are ever identical; they all have needs that are specific to the circumstances of their lives. Because of the diverse needs of clients when planning their estates, it is important to consider the appropriate planning devices in light of those needs.

To accomplish the goals of constructing an estate plan to meet the client's needs, both the lawyer and the client must be amenable to discussing all of the circumstances of the client's life, and adapting the plan to those needs. The lawyer and the client together must be willing to explore all of the aspects of the client's life and desires to provide for those in their life, to embrace change and diverse planning, and to adapt the appropriate estate planning tools to the client's needs. This book provides background on what the lawyer needs to know about the client, and the appropriate tools to use in certain circumstances.

In this changing world, it is perilous to present a book containing forms solely from standard use. While containing standard forms that comply with current law, the forms in this book also reflect the need for individualization, as well as federal and state law changes and the effect that they have on standard forms. Based on the experience and expertise of the authors in the area of Michigan estate planning, the text of the book alerts the lawyer to the client needs that must be taken into consideration to modify and adapt the forms to meet family circumstances.

Authors / Contributors

Table of Contents

CHAPTER 1 ESTATE PLANNING BASICS 

CHAPTER 2 PROFESSIONAL RESPONSIBILITY IN ESTATE PLANNING

CHAPTER 3 ESTATE PLANNING--TAX BASICS

CHAPTER 4 NON-PROBATE ASSETS

CHAPTER 5 POWERS OF ATTORNEY

CHAPTER 6 ''SIMPLE'' ESTATE PLANNING

CHAPTER 7 COMPLEX PLANNING FOR THE MARITAL DEDUCTION, GENERATION-SKIPPING AND OTHER TAX, AND FAMILY CONCERNS

CHAPTER 8 THE MARITAL DEDUCTION


Table of Cases


Table of Statutes


Index