Troy is a city in Oakland County in the U.S. state of Michigan. It is a suburb of Detroit. The population was 80,959 at the 2000 census, making it the 12th-largest city in Michigan by population, and the second-largest city in Oakland County after Farmington Hills. Troy has become a business and shopping destination in the Metro Detroit area, with numerous office centers and the upscale Somerset Collection mall. Troy was recently ranked the 5th safest city in the nation, as well as the safest in Michigan. In 2008, Troy was ranked 22nd on a list of "Best Places to Live" in the United States by CNN Money, using criteria including housing, quality of education, economic strength, and recreational opportunities. In 2008, Troy ranked as the fourth most affordable U.S. city with a median household income of $90,000.

What is estate planning and probate law?

Estate planning is the process of anticipating and arranging for the disposal of an estate. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses. Estate planning attorneys advise clients on their options for disposition of real and personal property after death, and create any number of necessary documents pertaining to the estate and finances of the client -- including wills and trusts. Estate planning law attorneys also assist clients in setting out their end-of-life health care wishes through living wills and health care powers of attorney.

Answers to estate planning and probate law issues in Michigan

The law dealing with estates governs the passing of the property of people who have passed away as well as people...

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

When a person dies, someone must step in to wind up the deceased persons affairs. Bills must be paid, property must...

An executor is the person you name in your will to handle your property after death. The executor--called a personal...

A trust is an arrangement under which one person, called the trustee, holds legal title to property on behalf of...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Every adult should have a will. A will makes sure that your property goes where you want it to go, and makes the...