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Questions Answered by Steven G Cozart
1 Answer | Asked in Estate Planning for Michigan on
Q: I am in Michigan. Can my father name me as his successor trustee and sole beneficiary?

I have 4 other siblings but my father has disinherited them.

Steven G Cozart
Steven G Cozart
answered on Feb 20, 2024

Yes, your father can disinherit your siblings. Be advised that your siblings may contest this in Probate Court by claiming that he was unduly influenced to do so, or that he was not of sound mind when he made that decision. These types of probate challenges can be expensive and emotionally damaging... View More

2 Answers | Asked in Estate Planning for Michigan on
Q: I HAVE A TRUST ALSO HAVE BANK ACCTS AND HOUSE JOINTLY SHARED DOES JOINT OWNER GET THOSE WITHOUT GOING THRU TRUST
Steven G Cozart
Steven G Cozart
answered on Aug 6, 2023

First, congratulations that you have taken the time and made the investment to create a trust! The vast majority of Americans do not have any estate planning documents in place.

Assets that are jointly held, like your bank account and real estate, do NOT need to "go through" the...
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2 Answers | Asked in Estate Planning for Michigan on
Q: What should I expect to pay to have our son appointed durable power of attorney?
Steven G Cozart
Steven G Cozart
answered on Feb 27, 2023

My answer is a phrase that is near and dear to the hearts of many attorneys. "it depends." Many factors can go into the creation of legal documents:

How customized do you want the power of attorney (POA) documents to be?

Do you want the POA documents to control financial...
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