Probate Avoidance Plan

A Probate Avoidance Plan is based upon registration of assets in beneficiary form as the method for post-death distribution of property.   It is designed to transfer all property to heirs without a living trust or probate court proceedings.  A Probate Avoidance Plan is generally suitable for single persons or married couples who meet all of the following criteria:

• Have no children or all adult children
• Desire to avoid probate costs for their heirs
• Do not need a living trust to meet estate planning objectives
• Own residential real estate

A Probate Avoidance Plan is a low cost way for deceased person's heirs to avoid probate.  This type of plan includes the following elements:

• Consultation with Attorney
• Last Will and Testament
• Power of Attorney
• Health Care Directive
• Warranty Deed to Avoid Probate for Residential Real Estate
• Filing of Deed with Register of Deeds
• Filing of Property Transfer Affidavit with Local Tax Assessor
• Transfer-on-Death Registration for Closely Held Businesses
• Guide to Avoid Probate in Michigan (with fillable forms)
•