Estate Planning Solutions
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Estate Planning Solutions
Our firm was founded to do exactly what our name states, provide Michigan families with solutions that meet their estate and business planning needs. Our attorneys are all too familiar with the fact that the average person often associates the topic of wills and estate planning with both emotional and fearful sentiments. Many individuals are uncomfortable talking about these things, as it pertains to death and/or incapacity.

At the same time, most agree that this is something that needs to be done. When you are ready to take that first step, we will be here to help walk you through the process, providing a professional, stress-free experience. We assure you, creating an estate plan is not as daunting as you may think. At Estate Planning Solutions, we believe there is nothing more important than client education.

With this in mind, we offer complimentary consultations with an estate planning attorney to evaluate your needs and educate you on your planning options. We will never pressure you into implementing a plan, as estate planning has to be something that you want to do and are comfortable with.
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Joseph V. Coraci is the founder of Estate Planning Solutions, PLLC.
A lifelong native of the Detroit Metropolitan area, Joe graduated from the Eli Broad College of Business at Michigan State University in 1998, with a Bachelor of Arts in Finance.
Joe received his Juris Doctor from the University of Detroit Mercy School of Law in 2001.
During and immediately following law school, Joe was employed by a general practice firm.
The majority of his focus was in the areas of probate and estate planning where he spent a significant amount of time in the Wayne, Oakland and Macomb County Probate Courts.
What will happen in the event you are disabled or incapacitated and unable to manage your financial or medical affairs?
Children: If you have minor children, they are undoubtedly at the top of your list of planning priorities.
Proper planning can ensure that the right person/people are able to care for your children in the event of your untimely death or incapacity.
Ease of Transition: Planning your estate ahead of time will make the process of handling your final affairs more smooth and efficient.
A revocable living trust is a trust that is established during your lifetime.
You transfer assets to the trust, to be held and managed by a trustee, for the benefit of your beneficiary(ies).
You dictate to whom your assets will pass, and when and how they will be transferred.
By naming yourself(ves) as trustee(s) during your lifetime, you retain the same control of your assets as prior to the creation of the trust.
A properly created and funded trust will in almost every circumstance allow your estate to bypass the probate process, minimizing the time and costs to your estate during the administration process.
A will is a part of every comprehensive estate plan.
A will is essentially instructions to the probate court and judge, regarding who will administer the probate estate and where assets will pass.
The will can name guardians for your minor children in the event of your death or incapacity.
Often times, a will's purpose is to make certain that even if an asset is not properly funded into a trust, the asset still passes to the beneficiary(ies) you intended under your trust.
My wife and I were referred to Joe for our estate planning needs.
A financial power of attorney is a document that is used to name someone to take financial and legal action on your behalf.
Patient Advocate Designation - A power of attorney for healthcare can nominate a patient advocate to make healthcare decisions on your behalf.
You can give directions to your patient advocate regarding the types of treatments that you desire.
This includes your wishes regarding life sustaining treatment and end of life decisions.
Working with Joe was an absolute pleasure.
He blends his vast knowledge with a pragmatic approach to help make estate planning a comfortable task.
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