THE LAW OFFICE of DOMINIC SILVESTRI, PLLC


Estate and Trusts


No one likes to think about the inevitable. However, proper estate planning is a must for our loved ones that survive us. An estate trust is a trust established by one spouse for the benefit of the surviving spouse. Such trusts are also established for qualifying a deceased spouse’s property for the marital deduction. Marital deductions are federal tax deductions allowed for lifetime and testamentary transfers from one spouse to another.(26 USCS). In estate trusts, the assets of the estate trust are paid to the estate of the surviving spouse if the donor provides that, at the surviving spouse’s death, any accumulated income and remaining principal must be distributed to the surviving spouse‚Äôs estate

SERVING AREAS

WAYNE COUNTY and within
Dearborn
Dearborn Heights
Detroit
Canton

OAKLAND COUNTY and within
Bingham Farms
Bloomfield
Bloomfield Hills
Waterford Township
Rochester
Troy

MACOMB COUNTY and within
Mount Clemens
St. Clair Shores
Warren
Romeo

LIVINGSTON COUNTY and within
Pinckney
Brighton
Genoa Township
Howell City

Serving these areas but not limited to. Please contact us with any further information!