Will and estate lawyers in West Michigan are charged with a number of tasks when it comes to wealth management, retirement planning, and setting up wills and trusts. For the most part, clients are concerned with their money and other assets, which makes sense. After all, no one really wants to pay more taxes than are necessary, and it’s important to pass on family money and heirlooms.View Post
Tag: will & estate lawyers
What Happens to Debt When Someone Dies?
Will and estate lawyers are becoming intimately aware of their clients’ financial situations, and it’s just a fact of life that many people have considerable debt. Whether it is the person setting up an estate plan or one who has inherited from it, there are often questions regarding what happens to that debt. Does money come out of the estate for medical bills? Are adult children responsible for credit cards? What happens to the mortgage?View Post
