How much does an estate plan cost in Michigan?
It depends on what the plan has to do. A will-based plan costs less than a funded living trust, and a plan that also protects your home from nursing home costs costs more. Rutkowski Law Firm charges one flat fee, quoted at your Vision Consultation before you decide anything.
The fee covers the design of your plan, the signing and the funding: moving your home and accounts into your trust, recording your deed with the county and confirming in writing that your plan is done. Most clients pay half when the plan starts and half when it's complete. There's no hourly billing for phone calls or questions.
Our fee can be higher than an online service or a firm that only drafts the documents, especially for trusts and deeds. That's because we also do the filing and the funding, the work those options leave to you. A trust that never receives your home and accounts, or a deed that's never recorded, doesn't keep your family out of probate.
We don't publish a price range, because a range that covers both a single deed and an asset protection trust doesn't tell you much. The useful number is yours. A Vision Consultation takes about an hour, and you leave knowing exactly what your plan needs and what it will cost. Meet in Troy or Rochester, or by video if you mainly want the number.
See what an estate plan costs and what changes the price
What does an estate planning attorney do?
An estate planning attorney designs the legal documents that decide who makes your financial and medical decisions if you can't, and who receives your home and savings when you die. The attorney also makes sure those documents work under Michigan law.
See what an estate planning attorney does, step by step
Do I need a lawyer for estate planning, or can I do it myself?
You can legally make your own will in Michigan, and online forms exist for most estate planning documents. The risk is what a form can't do: fit your family's situation, or get your home and accounts into a trust. A trust that's never funded doesn't keep your family out of probate.
Michigan accepts a handwritten will if it's dated, signed and the important parts are in your own handwriting. A typed will, including the state's fill-in statutory will form, needs two witnesses. Even a valid will doesn't avoid probate, and it does nothing if you become unable to make decisions. Homemade wills are also a common source of family disputes, usually over unclear wording or a situation the will didn't cover.
If your situation is simple, with modest assets and no home or long-term care concerns, and you're comfortable retitling your own accounts, a form or a lower-priced plan may be enough. If you own a home, want to protect savings from nursing home costs, or have a blended family or a child with special needs, the details matter more. Read Can a DIY trust fail in Michigan? and what happens if a trust is never funded.
How do I choose an estate planning attorney?
Choose a firm whose practice is focused on estate planning, that quotes a flat fee before it starts, and that can tell you who moves your home and accounts into your trust. Ask every firm you talk to the same questions, and compare the answers, not only the prices.
See the ten questions to ask every estate planning attorney