Top Mount Clemens Bare Trust Lawyers Near You

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Bohm Wildish & Matsen, LLP

Bare Trust Lawyer | Serving Mount Clemens, MI

Free Consultation

714-384-6500

Our Team Utilizes Extensive Knowledge of Trust And Estate Law With A Combined 100+ Years of Experience In Order To Realize The Most Favorable Outcome.

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Prince Law Firm

Bare Trust Lawyer | Serving Mount Clemens, MI

Free Consultation

248-865-8810

Probate Matters and Estate Administration Can Be Complex and Have High Stakes. We'll Help to Protect Your Family and Interests.

Established nearly 25 years ago, Prince Law Firm continues to be a leader in legal matters involving trusts, estates, and probate. Our goal is always, as stated by our fearless leader, attorney Patricia Gormely Prince, "to provide our clients with the best possible and most professional legal representation available." We help clients with sensitive issues, …

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Boroja Bernier & Calvin PLLC

Bare Trust Lawyer | Serving Mount Clemens, MI

Free Consultation

586-203-2906

Whether you are planning for yourself or loved ones, your financial well being is important to us. Call today.

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Aldrich Legal Services PLLC

Bare Trust Lawyer | Serving Mount Clemens, MI

Free Consultation

Experienced Estate Planning and Probate Lawyers. We will build the best solution to protect your family. Please Call

Bare Trust Lawyers in Mount Clemens

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Mount Clemens Bare Trust Information

Are You Thinking About Setting Up a Bare Trust?

If you are considering setting up a bare trust to convey property to your children or grandchildren, getting the advice of a Mount Clemens attorney skilled in bare trusts can help you determine if such a trust is the right tool for achieving your wishes.

Use a Bare Trust to Transfer Property to Your Loved Ones

In a bare trust, or simple trust, the beneficiary has the complete right to the capital and assets within the trust and the income generated by the assets. Assets of the trust are held in the name of a trustee, who must manage them to maximum the benefit for the beneficiaries. The trustee has no control over the trust's income or capital and must act according to the beneficiary's instructions. The beneficiary is entitled to take ownership and control of the trust property.

When to Hire a Lawyer

It is in your best interest to get legal help early on in addressing your situation. There are times when hiring a lawyer quickly is critical to your case, such as if you are charged with a crime. It may also be in your best interest to have a lawyer review the fine print before signing legal documents. A lawyer can also help you get the compensation you deserve if you've suffered a serious injury. For issues where money or property is at stake, having a lawyer guide you through the complexities of the legal system can save you time, hassle, and possibly a lot of grief in the long run.

The Importance of a Good Consultation

The goal of an initial consultation is to find an attorney you are comfortable working with and someone who can help you understand your options under the law. Seek to understand the relevant legal experience the attorney brings to your case. While it is not realistic to expect an attorney to resolve your legal issue during an initial consultation, you should gain a level of comfort with his/her ability to do so. A good consultation can clarify issues, raise pertinent questions and considerations for your case, and help you make an informed decision towards resolving your legal issue.

Types of legal fees:

Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney's hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.

Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.

Flat fee: For "routine" legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.

Common legal terms explained

Pro se - This Latin term refers to representing yourself in court instead of hiring professional legal counsel. Pro se representation can occur in either criminal or civil cases.

Statute - Refers to a law created by a legislative body. For example, the laws enacted by Congress are statutes.

Subject matter jurisdiction - Requirement that a particular court have authority to hear the claim based on the specific type of issue brought to the court. For example, the U.S. Bankruptcy Court only has subject matter jurisdiction over bankruptcy filings, therefore it does not have the authority to render binding judgment over other types of cases, such as divorce.

Lead Counsel Rated Attorneys

Lead Counsel's objective process independently verifies attorney records, conferring with state bars across the country and conducting annual reviews to confirm that the attorney practices in the legal categories as indicated, possesses a valid bar license, and is eligible to practice in the specific jurisdiction.