LADIES IN LAW - Estate Planning & Asset Protection Attorneys
About
Ladies in Law is a premier estate planning and asset protection law firm serving Detroit, MI and surrounding communities. Our experienced attorneys specialize in comprehensive estate planning strategies, asset protection structures, and business succession planning designed specifically for entrepreneurs, small business owners, and high-net-worth individuals. Located in downtown Detroit at 1442 Brush St, we provide personalized legal solutions that safeguard your wealth and secure your family's financial future. Our team understands the unique challenges facing business owners and professionals, offering tailored strategies to minimize tax liability and protect assets from creditors. Whether you're establishing your first business entity or restructuring complex holdings, Ladies in Law delivers expert guidance grounded in Michigan law and decades of combined legal experience. We're committed to making estate planning accessible and understandable for every client.
Focus Areas
Frequently Asked Questions
What is the difference between estate planning and asset protection?
Estate planning focuses on how your assets will be distributed after death, including wills, trusts, and beneficiary designations. Asset protection involves legal strategies implemented during your lifetime to shield your wealth from creditors, lawsuits, and liability claims. Both are essential components of comprehensive financial planning.
Why do small business owners need asset protection strategies?
Business owners face unique liability risks from lawsuits, judgments, and creditor claims. Proper asset protection strategies—such as LLC structures, trusts, and liability insurance coordination—help separate personal and business assets, protecting your family's wealth if business issues arise.
How often should I update my estate plan?
It's recommended to review your estate plan every 3-5 years or after major life changes such as marriage, divorce, significant financial changes, birth of children, or changes in tax laws. Regular reviews ensure your plan continues to reflect your wishes and current Michigan estate laws.
Can I create an estate plan if I own a business in Michigan?
Yes, business owners should prioritize comprehensive estate planning that includes business succession plans, valuation strategies, and ownership transfer mechanisms. This ensures business continuity, minimizes tax consequences, and provides clarity for your heirs and business partners.
Last updated: March 30, 2026