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Trusts & Estates

Engaging an attorney to help protect and preserve wealth during your lifetime and provide for the appropriate distribution of assets after your death is an important and personal decision. Each person has different financial, family and philanthropic goals that need to be considered in the process.

The Trust and Estate attorneys at Foster Swift have the skill, knowledge and experience necessary to develop and implement an estate plan to achieve your objectives.  Foster Swift's reputation for excellence in the area of Trusts and Estates has attracted clients to the firm for multiple generations.

Foster Swift’s trust and estate attorneys have been recognized as exemplary.  One member of our trust and estates group has been honored as one of the top 100 attorneys in Michigan. Two members of our trusts and estates group have been honored as Best Lawyers for the past 20 years or more and three have been elected to the prestigious American College of Trust and Estate Counsel. Foster Swift has also been named a Tier 1 firm in Trust and Estates Law in Lansing by U.S. News – Best Lawyers® in 2016-2018, 2020 and 2023-2024.

The size and focus of the Trusts and Estates group provides clients access to practical, results-oriented counsel for virtually every kind of estate planning, trust and administration needed.

The range of services offered by Foster Swift's Trusts and Estates practice includes:

  • Business Succession Planning
  • Family Business Planning 
  • Charitable Planned Giving
  • Estate Planning   
  • Gift Tax Planning
  • Marital Agreements
  • Medicaid & Elder Law Planning
  • Trust & Estate Administration
  • Trust & Estate Litigation

Families, family businesses, corporate and individual fiduciaries, trusts and individuals throughout Michigan rely on the members of the firm’s Trusts and Estates Group, many for several generations.

Why?  Because clients value the one-on-one time and personal attention our attorneys invest in getting to know their needs and vision. 

Foster Swift has been named a Tier 1 firm in Trusts & Estates Law in Lansing by U.S. News – Best Lawyers® in 2014, 2017, 2018, 2019, 2021, 2025 and in Grand Rapids in 2025.

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Tax Adjustments 2025

On October 22, 2024, the Internal Revenue Service released the annual inflation adjustments for tax year 2025. Relevant adjustments regarding estate and gift planning, the transfer tax exemption levels for 2025 are:

  • Estate tax credits. Estates of decedents who die during 2025 have a basic exclusion amount of $13,990,000, increased from $13,610,000 for estates of decedents who died in 2024.
  • Annual exclusion for gifts increases to $19,000 for calendar year 2025, rising from $18,000 for calendar year 2024.

More information is available here: IRS releases tax inflation adjustments for tax year 2025 | Internal Revenue Service

The scheduled sunset for the Tax Cuts and Jobs Act remains in place.  The current lifetime transfer tax exemption levels will be reduced to ½ of their amount as of January 1, 2026, absent legislative action.

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