Asset Distribution

  • Do I Need an Estate Plan?

    Have you ever considered what will happen to your assets -- your house, the contents of your bank account, etc. -- after you’ve passed? Many of my clients say they’d like their assets to be split between their children or to see certain funds go to charitable organizations. The only way to guarantee that your assets are distributed as you desire is to have a will.

  • Estate Planning Basics: Top 3 Reasons You May Need a Will

    When I meet with a potential new Estate Planning client, one of the first questions I hear is, "Do I really need a will?" That question is usually followed by comments such as, "I don't have tons of money," or "If I die, my spouse will just get everything," or "If my spouse and I both die, my parents will raise our kids."

  • Estate Planning FAQ: What does it mean to “fund” a trust?

    To fund a trust means to retitle certain assets in the name of the trust.  Your trust only controls those assets that are “owned” by the trust.  If your trust is funded properly, the trust will control the distribution of your assets when you die; assets not owned by the trust may not be distributed as provided in the trust.  A properly funded trust can also help your estate avoid probate when you die.

Mike Toburen - Attorney at Law   

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Attorney Mike Toburen

(616) 425-9212
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1115 Taylor Ave NW, Suite 110
Grand Rapids, MI 49503

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