Medicaid Planning Attorneys in Grand Rapids and Northville
Transparent Flat Fees.
Personal Guidance.
Peace of Mind.
Keys to Eligibility for Medicaid
Income
Naming the "Back-Ups."
An estate plan for children must include a document to designate a guardian. Without this important document, your family will not be certain who should be appointed to care for your children. If so, they may fight among themselves regarding the best course of action. Any such disputes must be resolved in court. Also, the court may appoint a different person as guardian than you would have selected.
Assets
Building a "Buffer."
By managing assets through a trust, you reduce court expenses and taxes. You ensure the money isn't handed to an 18-year-old on a silver platter, but is buffered by your instructions to pay for college, healthcare, and a first home instead.
Medical
An estate plan allows you to direct your assets to your children under the control of a trustee that you select. The trustee should be someone who is capable of managing your assets in a financially responsible manner.
Without a trustee, your assets must be administered for minor children by a court-appointed "conservator" until they reach the age of 18. The conservator may be a family member, but if they cannot agree, the court may appoint a professional third party. This process can be costly and time-consuming.
Look-Back
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Clear Pricing. Complete Protection.
No hidden costs. No hourly bills.
Explore our most popular complete estate plans...
Irrevocable SBO Trust
$1,750 for 1 person
$1,950 for 2 persons
What Is It?
What's Included?
● Consultation to customize your plan
● Last will & testament
● Irrevocable trust for support of healthy spouse
● Instructions and forms to guide the trustee to administer the trust
● Power of attorney
● Healthcare directive
● Appointment of guardian
● Appointment of funeral representative
● Estate planning roadmap
● Witness and notarize documents
● Heavy duty binder for original documents and flash drive for copies
Who's It Designed For?
Designed for married couples where one person needs immediate long-term care. It is used when one spouse requires immediate nursing home care but the couple has assets above the Medicaid limit. By moving "excess" savings into this irrevocable trust, the sick spouse can qualify for Medicaid benefits right away, while the healthy spouse receives a protected, monthly income stream from the trust to maintain their lifestyle and stay in their home.
Why You'll Love It
● Lowest cost complete estate plan to manage and protect assets for young children
● Completely customized documents to your specifications
● Designate a trustee to manage property for children until a specified age
● Designate a guardian to care for children until adulthood
● Feel confident that your assets will be handled for children as you direct
● Includes instructions and forms to guide trustees to handle trust property
Irrevocable Gift Trust
N/A for 1 person
$2,450 for 2 persons
What Is It?
Includes everything in the Basic Estate Plan for Children, plus an additional trust to manage property separately for the children of each parent in a blended family.
What's Included?
● Consultation to customize your plan
● Last will & testament
● An irrevocable trust _____
● All instructions and forms needed by the trustee to administer each trust
● Power of attorney
● Healthcare directive
● Appointment of guardian
● Appointment of funeral representative
● Estate planning roadmap
● Heavy duty binder for original documents and flash drive for copies
Who's It Designed For?
Parents of blended families who:
● Have children from previous relationships
● Do not desire to avoid probate
● Desire to set aside assets (e.g. life insurance or retirement accounts) solely for their children
● Need a complete estate plan for children at a lower cost than our Living Trust Plan for Blended Families
Why You'll Love It
● Lowest cost complete estate plan to manage assets for young children of each parent in a blended family
● Ensures that children will be financially stable without meddling by a former spouse or partner
● Completely customized documents to your specifications
● Designate separate trustees to manage property for children of each parent until a specified age
● Designate separate guardians to care for children of each parent until adulthood
● Feel confident that your assets will be handled for children as you direct
● Includes instructions and forms to guide trustees to handle trust property
Medicaid Trust
N/A for 1 person
$3,750 for 2 persons
What Is It?
Includes everything in the Living Trust Plan, plus two (2) additional trusts to manage property separately for the children of each parent in a blended family.
What's Included?
● Consultation to customize your plan
● An irrevocable trust____
● Separate revocable trusts for each parent's children
● Certificate of trust for each trust
● Authorization to disclose medical information
● Warranty deed to fund trust
● Assignment of personal property to trust
● Agreement to transfer business assets to trust
● Trust funding instructions
● All documents needed by the trustee to administer each trust (trustee instructions, acceptance of trust, certificate of trust, notice to beneficiaries, and notice to creditors)
● Pour-over will
● Power of attorney
● Healthcare directive
● Appointment of guardian
● Appointment of funeral representative
● Estate planning roadmap
● Heavy duty binder for original documents and flash drive for copies
Who's It Designed For?
Designed for parents of blended families who:
● Desire to avoid probate
● Have children from previous relationships
● Desire to set aside and manage assets solely for their own children
● Need a complete estate plan to manage property for children
Why You'll Love It
● Comprehensive estate plan to manage and distribute separate trust assets to any number of beneficiaries without probate
● Ensures that children will be financially stable without meddling by a former spouse or partner
● Completely customized documents to your specifications
● Provides maximum control over distribution and administration of trust assets for blended families
● Designate separate trustees to handle estate administration for children of each parent
● Designate separate guardians to care for children of each parent
● Feel confident that your assets will be distributed as you direct
● Includes instructions and forms to guide trustees to handle trust property without an attorney
Your Medicaid Planning Team.
We have a great team of experienced people you will enjoy working with.
What Your Neighbors Are Saying...
We make estate planning simple and stress free.
Very professional and knowledgeable! They made the detailed process very easy for me to understand and make the best decisions.
Vickie B.
Grand Rapids client
This was such a nice experience working with this firm for our estate planning. They are extremely knowledgeable and guided us to the perfect plan for us.
Carol Z.
Grand Rapids client
From the very first consultation, the team took the time to explain every detail, answer all my questions, and ensure that my wishes were clearly documented and legally sound.
Derrick D.
Northville client
Extremely knowledgeable and helped us with all our questions regarding laws and procedures pertaining to a detailed trust. We highly recommend this law firm.
Anjali B.
Northville client
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