A Primary Estate Plan is ideal for persons with young children. It provides a complete estate planning solution to manage property for children, appoint a trustee, appoint a guardian, and direct the distribution of assets.
A Primary Estate Plan is based on probate as the method for post-death distribution of property. Therefore, a last will and testament ("LWT") is used to create instructions for delivering property to heirs. A LWT must always be admitted to probate before it can be used. Likewise, a personal representative must be appointed by the probate court to carry out the instructions in the LWT.
A Primary Estate Plan provides numerous benefits even though probate is required:
A Primary Estate Plan includes all of the following items. Click on each one to learn more.
John P. Tamboer, attorney
Estate Planning Law Group
5088 Corporate Exchange Blvd.
Grand Rapids, MI 49512