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Brown Borkowski & Morrow
  • Home
  • Firm Overview
    • Why Hire Us?
  • Our Team
    • Attorneys
      • Susan Leigh Brown
      • Thomas J. Borkowski, Jr.
      • Matthew N. Morrow
      • David James Eagles
      • Mary A. Mahoney
      • Sara Gorman Rajan
    • Support Staff
  • Practice Areas
    • Business & Corporate Law
    • Business Property Tax Appeals
    • Family Law
    • Estate Planning
    • Probate & Estate Administration
    • Trust Administration
    • Elder Law
    • Real Estate Law
    • Insurance Defense
  • Attorney Referrals
  • Testimonials
  • Resources
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A GREAT LEGAL TEAM TO GUIDE YOU

The benefits of estate planning

On Behalf of Brown Borkowski & Morrow | Apr 6, 2023 | Estate Planning |

Estate planning, the process of preparing for the transfer of a person’s assets after their death, may seem like an unpleasant task. However, creating a plan that outlines how assets should be distributed and who should be responsible for managing them is essential to a family’s continuity through the generations. While many Michigan residents may not think about estate planning until later in life, it is a process that everyone should consider.

Protecting your loved ones

Estate planning helps ensure that your loved ones are taken care of after your passing. It allows you to name a guardian for any minor children and to set up a trust to provide for them.

Ensuring your assets are distributed according to your wishes

When you pass away without an estate plan, your assets will be distributed according to the laws of your state. This may not be in line with your wishes, and it can lead to unfortunate disputes among family members. With an estate plan, you can specify how your assets should be distributed, who should receive them, and when they should be distributed.

Minimizing taxes and expenses

An estate plan can help minimize taxes and expenses associated with transferring assets after your death. A trust can help reduce estate taxes and probate fees, preserving more of your assets for your heirs.

Planning for incapacity

Estate planning is not just about what happens after you pass away. It also involves planning for incapacity.

If you become incapacitated and unable to make decisions for yourself, an estate plan can specify who should make decisions on your behalf. This can help prevent disputes among family members and ensure that your wishes are followed.

Avoiding probate

Probate is the legal process of distributing assets after someone passes away. It can be a lengthy and expensive process, and it can tie up assets for months or even years as a court decides their fate. With an estate plan, you can avoid probate by setting up a trust or by naming beneficiaries for specific assets.

Planning for the future

Estate planning plays an important role in protecting your loved ones, ensuring that your assets are distributed according to your wishes and minimizing taxes and expenses. If you haven’t yet created an estate plan, it is never too late to do so. Consider your goals and take a proactive approach to protect your beneficiaries.

Key commercial lease clauses Michigan business owners must know

On Behalf of Brown Borkowski & Morrow | Jun 6, 2025 | Real Estate Law

Leasing commercial space is an important step for your business. Before signing, make sure you fully understand what you are agreeing to. A commercial lease is a contract that can affect your establishment for years. The terms can increase costs, limit your options or...

No will? What parents should know about their children’s future

On Behalf of Brown Borkowski & Morrow | Jun 4, 2025 | Estate Planning

If something happens to you tomorrow, will your children be in good hands? Estate planning may sound like a lot of work, but more than anything, it is an act of love and responsibility. It is about protecting your children’s future, ensuring their best interests long...

Probate vs. non-probate assets: What is the difference?

On Behalf of Brown Borkowski & Morrow | Jun 2, 2025 | Estate Planning

When someone passes away in Michigan and there is no will in place, their representative settles their estate according to probate laws. An essential part of that process is understanding the difference between probate and non-probate assets. Knowing what does and...

What is Michigan’s law on tenant rights and eviction?

On Behalf of Brown Borkowski & Morrow | May 20, 2025 | Real Estate Law

If you're a tenant in Michigan, understanding your rights is essential. Tenant rights laws are designed to protect you from unfair treatment and ensure that landlords uphold their responsibilities. In Michigan, there are rules that govern the landlord-tenant...

What is a special needs trust?

On Behalf of Brown Borkowski & Morrow | May 16, 2025 | Estate Planning

A special needs trust helps ensure that your loved one with disabilities receives the support they need while protecting their eligibility for government benefits. These trusts are specifically designed to preserve access to programs like Medicaid or Supplemental...

How is business debt handled during a divorce?

On Behalf of Brown Borkowski & Morrow | Mar 21, 2025 | Family Law

Going through a divorce is challenging, especially when you own a business. Business debt can complicate the process, and understanding how you’ll handle it can make a difference in your settlement. If your business has debts, it’s important to know how those...

How can companies prevent IP theft in the digital world?

On Behalf of Brown Borkowski & Morrow | Mar 7, 2025 | Business & Corporate Law

Businesses use intellectual property (IP) to stay ahead of competitors. IP includes copyrights, trademarks, patents, and trade secrets. These protect creative work, brand names, inventions, and private business information. In today’s digital world, it is easier than...

How does the bundle of rights affect property ownership?

On Behalf of Brown Borkowski & Morrow | Feb 20, 2025 | Real Estate Law

Property ownership includes more than just having a physical structure or land. The "bundle of rights" is a legal concept that explains the different rights attached to real estate ownership. These rights allow owners to use, transfer, and control their property in...

How does Michigan law address parental relocation?

On Behalf of Brown Borkowski & Morrow | Feb 6, 2025 | Family Law

Parental relocation can be a challenging issue after a divorce or custody order. Michigan law has specific rules to ensure that moving does not negatively affect the child’s relationship with both parents. If you share custody and want to move, you must follow legal...

What should seniors know about Medicaid’s look-back period?

On Behalf of Brown Borkowski & Morrow | Jan 23, 2025 | Elder Law

Understanding Medicaid’s look-back period plays a critical role in planning for long-term care. This policy directly affects eligibility for financial assistance with nursing home expenses. Proper planning avoids costly mistakes and ensures access to necessary care....

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Recent Posts

  • Key commercial lease clauses Michigan business owners must know
  • No will? What parents should know about their children’s future
  • Probate vs. non-probate assets: What is the difference?
  • What is Michigan’s law on tenant rights and eviction?
  • What is a special needs trust?

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Brown Borkowski & Morrow
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Address

37887 W 12 Mile Road
Farmington Hills, MI 48331

Ph: 888-757-1681

Farmington Hills Law Office
Brown Borkowski & Morrow
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248-987-4040
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