23331 Sexton Ave.
Suite 101
Dearborn Heights, MI 48127

Telephone: (313) 561-2112
 

Practice Areas

It may be hard to think about how your family would deal with your affairs and finances after you pass away, but it is essential to do so. Estate planning allows you to impact the future by directing how you would like your property and assets distributed upon your death.  The use of Living Trusts enables you to avoid probate entirely saving your family untold costs and red tape.  Without proper planning, your estate could go to the government or to people who you did not choose. Trusts can also be employed to legally avoid estate taxes which can take almost one-third of larger estates that do not employ proper planning.  I can assist you in making informed decisions about your estate.  For existing estates, you and your family may have to go through the probate system, which allows the courts to oversee the distribution of a loved one’s assets.  The probate process is easier on all involved with the assistance of an experienced probate attorney. Medical Power of Attorney and General Durable Power of Attorney in case of incapacitation due to illness or advanced age and Federal "HIPAA" Medical Records Release Form services.

For sale by owner (FSBO) is a rapidly growing phenomenon nationwide. Literally tens of thousands of dollars in commissions can be saved selling by owner.  I have 32 years experience in this area and can assist you with a successful transaction.  If you are buying or selling a residential or commercial property, I can help.  Our firm can draft or review purchase agreements and closing documents to smooth your transaction.  We can confirm that there is good title to the property and verify that there are no disputes about ownership or boundaries. I can negotiate with lenders and make sure that any transaction complies with local and state property and environmental rules so that there are no unwelcome surprises as the deal moves forward.  I also help clients with construction defects, commercial leases, and property disclosure and condition issues.

Legal issues and pitfalls abound at every stage of a business’s existence, from the initial start-up to dissolution or sale of the company.   It is important to have expert legal counsel assist you right from the beginning, when you are deciding on a business form (corporation, limited liability company, partnership, or another business entity), as well as further down the road.  I am an experienced business lawyer who can help you deal with the almost endless variety of legal matters that will, sooner or later, arise when you do business.  From buy-sell agreements, joint ventures, and liability issues to mergers, acquisitions, divestitures, and business successions, you need intelligent advice that will promote your success.  I can tell you not only what the law requires, but also how you can seize opportunities and avoid problems in your business. 

Serious money problems are not a sign of failure.  Financial difficulties can hit anyone, no matter how careful they are with their finances.  You may have been laid off, or you may have made a bad business investment.  While your income may slow down or stop, the bills keep coming in.  Federal bankruptcy law gives us a way to give you a fresh start.  Depending on your situation, you may choose to file for Chapter 7 bankruptcy, or “straight” bankruptcy, in which most of your debts are eliminated.  Alternatively, you could file under Chapter 13, through which you pay all or most of your debts over time with oversight from the Bankruptcy Court. Business owners may be interested in Chapter 11, which gives businesses an opportunity to reorganize.  Whichever type is best for you, bankruptcy can be a useful tool to help you out of your financial problems.  I can help you make the right decision.

The information you obtain at this site is not, nor is it intended to be, legal advice.
You should consult an attorney for individual advice regarding your own situation.

Copyright © 2007 by Steven T. Stokfisz Attorney at Law. All rights reserved.
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