Leydorf Law Firm, PLLC

Gathering soon for the holidays gives us all a chance to remember that we need to protect what's important: our loved ones!

This list of essential documents is a great way to start gathering what you need to create a comprehensive plan to ensure your legacy endures and your loved ones will still gather for the holidays long after you are gone. https://yourestateplanninglawyer.com/important-estate-planning-documents-in-michigan/

When you're ready to get started, book a call with Leydorf Law Firm: https://yourestateplanninglawyer.com/book-a-call/

Are you wanting to preserve generational wealth and have the potential for third-party creditors’ claims as a business owner, executive, or other professional?

It's worth considering a Michigan Domestic Asset Protection Trust (DAPT) that provides unique benefits:
➡️ Professional Protection
➡️ Guarding Wealth
➡️ Credit Shield
➡️ Prenuptial Power
Read more in our recent article: https://yourestateplanninglawyer.com/how-does-a-domestic-asset-protection-trust-protect-generational-wealth/

Schedule a free call with Leydorf Law Firm to discuss how to ensure that your legacy remains secure for generations to come: https://yourestateplanninglawyer.com/book-a-call/

Take the squabbling between siblings you've had to endure and referee as a parent. Now multiply it times age and money. That might give you some idea of the need to make your final wishes clear when the time comes to divvy up your assets. Read more: https://yourestateplanninglawyer.com/which-is-the-best-to-way-protect-assets-trusts-or-wills/

Book an initial call with Leydorf Law Firm to get clear guidance on the best asset protection strategy for your family: https://yourestateplanninglawyer.com/book-a-call/

At long last, the estate trial leads to a final decision on Aretha Franklin’s will. The jury’s decided that the 2014 will, secreted under a couch cushion and handwritten, is the valid will.

Aretha Franklin died in 2018; at first, no one even knew she had a will. Two handwritten wills then were found. Franklin was a resident of Michigan, where handwritten or “holographic” wills are legally permissible. Handwriting experts were called in the trial to help interpret the will copies. Read the article here: https://yourestateplanninglawyer.com/whats-the-latest-aretha-franklin-estate/

Bottom line: You need a will and an estate plan, even if you're not a celebrity. Schedule a free call with Leydorf Law Firm today to ensure your family doesn't spend years in court fighting over your wishes: https://yourestateplanninglawyer.com/book-a-call/

Happy Independence Day!🎇🎆
Here are some ways you can celebrate by ensuring your and your family's independence:
-Protect your loved ones: Make sure your family and beneficiaries are taken care of according to your wishes. With a well-crafted estate plan, you can provide financial security, designate guardians for your children, and even support charitable causes that are close to your heart.
-Preserve your assets: Estate planning allows you to minimize taxes and maximize the value of your estate. By making strategic decisions, you can safeguard your hard-earned assets and leave a lasting financial legacy for future generations.
-Make your voice heard: Estate planning empowers you to make important healthcare decisions in advance. Through documents like living wills and healthcare proxies, you can express your medical preferences, ensuring your autonomy is respected, even if you are unable to communicate them personally.

Book a Call Book a call with Leydorf Law Firm, PLLC. We look forward to serving you.

One of the most significant changes Americans will soon see is the sunsetting of tax laws under the Tax Cuts and Jobs Act (TCJA) of 2017. Individuals could see their federal estate tax exemption dipping to approximately $7 million, while couples could see a decrease to $14 million.

It's best to work with an experienced Lansing estate planning attorney like Nick Leydorf to review your existing plan to implement an appropriate course of action. This is especially important for clients who might not have been impacted by estate tax laws in the past but who will be in 2026 because of a combination of the lowered amount and any growth in their assets. Schedule a free call with our office to review your plan: https://yourestateplanninglawyer.com/book-a-call/

Prepare Now for Coming Estate Tax Changes One of the most significant changes Americans will soon see is the sunsetting of tax laws under the Tax Cuts and Jobs Act (TCJA) of 2017.

Considering how future repayment of debts, both owed to the person and debts they are responsible for, will impact what your beneficiaries receive is an essential part of estate planning. No matter what, debt must be acknowledged, and the means of repaying the debt must be made clear in the plan.

Create a clear plan with my office today that ensures your heirs don't have to worry about paying remaining debt! Schedule a free call with me online: yourestateplanninglawyer.com/book-a-call/

Do Heirs Have to Pay Debts from an Estate? Debts in a person’s estate are payable from the decedent’s assets in the course of administering their estate.

🌳🏠 If you could leave a legacy behind for your community, what would it be? A park, a scholarship fund, or maybe a community center? Share your ideas in the comments and let's dream big together! 🌟🤝

🏡✍️ Estate planning is more than just writing a will. If you could add one unique clause to your will, what would it be? Share your creative ideas in the comments below and let's see who can come up with the most interesting or heartwarming clause! 💡❤️

There's a lot of confusion about what estate planning is and what it isn't. I help keep families out of court and out of conflict by coming up with a plan that's tailor-made to their specific situation. I love what I do and I'd love to chat to see how I can help your family.

Guide To Estate Planning In Michigan: 10 Steps Estate planning in Michigan can help keep families out of court and out of conflict with carefully crafted wills and trusts.

Don't use the "brother-in-law" approach to estate planning...

The Risks of Creating Your Own Estate Plan Even Consumer Reports suggests working with an experienced estate planning attorney to make sure documents are correctly prepared.

Cheers, friends! Labor Day is here, and I know I speak for everyone when I say that nothing quite compares to a three-day weekend spent relaxing with family and friends.

Do you have any special plans? Whatever you have in store, we hope you go *dog wild* and celebrate accordingly!

We have big news that we’re thrilled to share! 📣

We received the Best Probate Lawyers in Lansing award from Expertise.com!

We’re honored to have been chosen for this recognition. While we're happy to help our clients dealing with probate, we LOVE to help our clients plan in advance to avoid it altogether!

🏈 We don’t know about you, but our team couldn’t be more excited that college football is officially back. There’s nothing like a good game and a tailgate complete with family and friends.

Whose colors are you sporting this season?

Back-to-school is here, and whether you’re a proud aunt, a mug-certified World’s Best Grandpa, or a busy parent readjusting to the hectic school routine, our team hopes the special kids in your life have a wonderful year. ✏️

What does back-to-school look like for your family? Leave us a comment!

Leydorf Law Firm, PLLC updated their information in their About section.

Leydorf Law Firm, PLLC updated their business hours.

Here's a great article on what I do and how I can help you and your family. Here are the quick takeaways from it:
1. Estate planning is for everyone.
2. Start early, and update your plan regularly.
3. Estate planning is not just for after your life.
4. Hire a lawyer.
5. Estate planning is the key to building generational wealth.

https://www.realsimple.com/work-life/money/money-planning/retirement/what-is-estate-planning

Check out our new article!

Larry King’s Death Highlights the Importance of Updating Your Estate Plan for Divorce and Death—Part 1 - Your Estate Planning Lawyer Legendary TV and radio host, Larry King, died at Cedars-Sinai Medical Center in Los Angeles on January 23rd, 2021 at age 87. Larry was hospitalized in December due to COVID-19, but he’d recently been moved from the ICU to a regular hospital room after recovering from the virus. However, the famed ...

Here's a link to my latest update. What do you think about it? Let me know.

Larry King’s Death Highlights the Importance of Updating Your Estate Plan for Divorce and Death—Part 1 - Your Estate Planning Lawyer Legendary TV and radio host, Larry King, died at Cedars-Sinai Medical Center in Los Angeles on January 23rd, 2021 at age 87. Larry was hospitalized in December due to COVID-19, but he’d recently been moved from the ICU to a regular hospital room after recovering from the virus. However, the famed ...

What happens to your Facebook account when you die?

Managing Your Digital Afterlife: A Guide To Facebook’s Legacy Contact If you are a Facebook user, it can provide an intimate look into to your life over time. It can also serve as a key part of your legacy and is an asset you’ll likely want to protect after your death.

If you've invested in cryptocurrencies like Bitcoin, make sure that you know how to avoid those assets being tied up in court after you die.

Here's a recent article from us: https://yourestateplanninglawyer.com/is-it-important-to-add-digital-assets-like-cryptocurrency-to-my-estate-plan/

Let me know if you have questions! 😁

What Happens to Your Estate Plan When You Move to Another State?

Here are a few tips about talking with your parents to see if they have their affairs in order.

How To Talk to Your Parents About Their Estate Plan (Without Making It Awkward) Here's a quick video that talks about how to start the conversation with your parents about their estate plan. About 50% of working-age people believe that they will inherit something from their parents when they die. However, do they know what they will inherit or how they will inherit it? If you h...

HAPPY FESTIVUS!!!

Here's a quick video that highlights how there's no "one size fits all" solution when it comes to estate planning. Every family's situation is different. With blended families, there are often concerns such as the concern with what will happen at the death of the first spouse that makes creating a trust a great idea rather than relying on a will.

Estate Planning: A Trust Can Be Used to Protect Blended Families | | gjsentinel.com This article highlights how each family's situation is different. This is important because there's no "one size fits all" solution when it comes to estate planning.

"Most notable are the estates we never hear about. Names like Steve Jobs and Burt Reynolds were big in life, but why do we not hear anything about their estates? Because of good planning. Through wills, trusts, family conferences before death and a myriad of other estate planning techniques, it is indeed possible to keep family affairs private after death."

https://www.forbes.com/sites/steveparrish/2020/12/11/lessons-from-the-rich-and-famous-why-estate-planning-should-be-part-of-your-retirement-plan/?sh=755272ab320a

Lessons From The Rich And Famous: Why Estate Planning Should Be Part Of Your Retirement Plan The deaths of famous and wealthy people are as terrible as anyone else, and because of their star power, a light is shown on their legacies and the estate planning issues that can arise