Wakefield Law

Estate Planning & Elder Law Attorneys in Troy, Michigan

Wakefield Law is a Troy estate planning and elder law firm serving clients throughout Michigan and Florida. The firm focuses on helping individuals, families, retirees, and business owners prepare for incapacity, avoid unnecessary probate, protect assets, and transfer wealth according to their wishes. In addition to estate planning, the practice includes probate and trust administration, elder law, business planning, and tax planning.

The firm emphasizes maintaining estate plans after they are signed, helping clients keep trusts properly funded and update their plans as their lives, assets and family circumstances change.

Making Sure a Trust Actually Works

Creating a revocable living trust is only the beginning of the estate planning process. If homes, financial accounts, or business interests are never transferred into the trust, the plan may not accomplish its intended purpose.

Wakefield Law places particular emphasis on trust funding, assisting clients with transferring assets into their trusts and updating ownership as new property is acquired or circumstances change. This ongoing approach is one of the firm's most distinctive services.

Planning for Aging and Future Care

As people grow older, estate planning often expands beyond wills and trusts. Questions about future healthcare, long-term care, and financial decision-making become increasingly important for both older adults and their families.

The firm's elder law practice includes planning for Medicaid, Medicare, veterans benefits, healthcare decision-making, and other legal issues that arise as clients prepare for future care needs.

Helping Families Avoid Probate

Many families want to spare loved ones the expense, delays, and administrative burden that can accompany probate after a death.

Wakefield Law prepares wills, revocable living trusts, financial powers of attorney, healthcare directives, and related estate planning documents designed to help clients transfer assets efficiently while providing clear instructions if they become incapacitated.

Guiding Families Through Probate and Trust Administration

Even with careful planning, someone must eventually carry out the instructions left behind. Executors and trustees often find themselves responsible for legal, financial, and administrative tasks they have never handled before.

The firm assists with probate administration and trust administration, helping fiduciaries settle estates, administer trusts, and carry out the responsibilities entrusted to them.

Protecting Older Adults and Vulnerable Family Members

Families sometimes become concerned that an aging parent or relative is no longer able to safely manage finances or is becoming vulnerable to financial exploitation.

Wakefield Law's elder law practice specifically includes planning related to elder abuse prevention, giving families legal guidance as they work to protect vulnerable loved ones and prepare appropriate legal safeguards.

Coordinating Estate, Business, and Tax Planning

For many clients, an estate plan must account for more than personal assets. Business ownership, investment property, and tax considerations can all influence how wealth should be transferred to future generations.

The firm's practice combines estate planning with business planning and tax planning, allowing clients to coordinate succession planning, business ownership, and tax considerations within a single overall strategy.

Serving Families in Michigan and Florida

Located in Troy, Wakefield Law serves clients throughout Michigan while also assisting individuals and families with legal matters involving Florida. Its practice combines estate planning, elder law, trust funding, probate administration, business planning and tax planning for clients whose plans may need to adapt as their lives and assets change.

Practice Areas

• Estate Planning

• Wills

• Revocable Living Trusts

• Trust Funding

• Probate Administration

• Trust Administration

• Elder Law

• Medicaid Planning

• Medicare Planning

• Veterans Benefits Planning

• Financial Powers of Attorney

• Healthcare Directives

• Business Succession Planning

• Business Planning

• Tax Planning

• Elder Abuse Planning and Prevention