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BoneLex was founded on the idea that business leaders deserve high-caliber legal representation that keeps pace with the complexity of their lives. That commitment extends to individual and family estate planning needs. The Firm proudly offers the same high-level strategic thinking, careful preparation, and personal attention it provides to clients in the areas of litigation and business law. The people who lead companies also build families and deserve legal counsel who takes a comprehensive view.
Wills and Trusts
A Will is the foundation of any estate plan. It identifies the individual who will handle your affairs after death and ensures your assets are distributed according to your wishes. Individuals who desire greater flexibility and control may consider a trust as part of their estate plan, avoiding the time, expenses, potential delay, and public exposure of probate court proceedings.
Powers of Attorney and Healthcare Directives
Healthcare directives provide instructions for the type of medical care you wish to receive if you are incapacitated. A Power of Attorney appoints another individual to make legal and financial decisions on your behalf if you cannot make them yourself.
Business Succession Planning
For many business owners, their company is one of their largest assets. Deciding what will happen to it if you become disabled or after your death is an important part of passing on a legacy and protecting your loved one’s futures. Effective business succession planning is an ongoing process that can be aided significantly by input from an experienced business and estate planning attorney.
Asset Protection and Probate Avoidance
Probate is the court-supervised process of proving a Will, paying taxes, identifying and distributing estate assets to heirs and beneficiaries, and closing the estate. It can be a lengthy, expensive, and public process. With the right tools, many estates can bypass probate and transfer assets quickly and privately to the people that matter most. Experienced legal counsel can structure estate plans using trusts, beneficiary designations, and other strategies to minimize tax liability and preserve more wealth to pass on to future generations.
BoneLex is located in Rochester, Michigan, and proudly serves clients in and around Detroit, throughout Michigan, and nationwide. Call (248) 833-8333 or contact BoneLex today to schedule a confidential appointment to discuss your situation and how we can assist you.
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