Effectively Meeting the Needs of Same-Sex Couples Across Michigan
Although increasing numbers of states are legally recognizing the rights of same-sex couples, Michigan does not yet legally permit same-sex couples to marry or enter into civil unions. This fact creates many issues for same-sex couples sharing their lives together. Many of these issues, such as the right of inheritance, can be addressed through careful estate planning.
The Law Offices of Jeffrey S. Freeman offers a full range of estate planning services to same-sex couples throughout Michigan. Our attorneys have a fundamental understanding of estate planning and taxation issues, and will tailor your estate plan to your specific needs. A carefully drafted estate plan will minimize conflict and offer substantive guidance during your or your partner's death or incapacity.
One of the major issues for individuals in a same-sex union involves the right of inheritance. In Michigan, same-sex partners do not automatically inherit their partner's estate. Our law firm can prepare the appropriate estate planning instruments to ensure that you and your partner are able to share in each other's estate. We can draft all the documents necessary to accomplish your objectives, including a will, a revocable living trust, a durable power of attorney, a living will and health care power of attorney and other documents as necessary.
Your estate plan will provide a number of benefits in addition to confirming your right of inheritance. For instance, a living will and health care power of attorney can allow you or your partner to make decisions if either of you becomes severely ill or incapacitated. Our law firm is equipped to address the full range of issues facing you and your partner. If necessary, we can draft a Domestic Partnership Agreement (DPA). A DPA is similar in many ways to a prenuptial agreement, and outlines each partner's rights and responsibilities.
Focused on Minimizing Your Estate Tax Obligations
For individuals with substantial assets subject to the federal estate tax, careful estate planning is paramount. This is particularly true for same-sex couples. Same-sex couples are not eligible for a marital deduction, which allows the tax-free transfer of wealth from one spouse to the other at death. Our law firm can help you take steps to reduce your estate's exposure to the federal estate tax. Our lawyers can help you implement gift strategies, make charitable donations or use other estate planning vehicles. We will work closely with you to help you achieve your estate planning goals.
Please contact our office with your questions. Call 1-866-236-4TAX or contact us by e-mail.
