A practical starting point

Preliminary Planning Tool

What would actually help your family?

You may need a plan without needing a trust. Consider wills, financial and healthcare authority, beneficiaries, and guardianship for minor children.

Answer without names or account numbers. Your answers stay in this tab and are not saved.

Choose the closest answer. If you are unsure, choose “Not sure.”

1 Do you live in Michigan? Yes No

2 Do you own a home, land or other real estate? Yes No Not sure

3 Do you own a business or other assets beyond bank accounts and personal vehicles? Yes No Not sure

4 About how much is in your bank accounts in total?

This helps identify questions to review. A bank balance alone does not determine whether a small-estate process applies or whether you need a trust.

None $53,000 or less More than $53,000 Not sure

5 Do you have any children under age 18?

A small estate does not remove the need to plan who would care for your children.

Yes No Not sure

6 Does your situation include a loved one with special needs or another family concern that needs careful planning? Yes No Not sure

7 Do you own a personal vehicle? Yes No

Where the numbers come from

For a death in 2026, Michigan’s small-estate reference is $53,000. Eligibility depends on the procedure and estate—not just a bank balance. Real estate, debts, ownership, and beneficiaries matter.

Vehicles have a separate Secretary of State transfer process. Title, the death certificate, eligible heirs, and probate status affect its use.

Michigan Treasury: 2026 estate limits, Table B · Michigan Secretary of State: deceased-owner vehicle transfers

Figures reviewed October 15, 2026. A living trust must be properly funded to do its intended work. A trust does not replace a will, financial powers of attorney, a healthcare patient advocate designation or coordinated beneficiary designations.

Planning essentials: Michigan estate and healthcare planning overview · Michigan parental guardian nominations · Michigan financial power of attorney and patient advocate resources