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Attorney Quinn

Bio

Terrence G. Quinn is the owner and founder of The Law office of Terrence G. Quinn, PLC, which was founded in September of 2008.

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Areas of Practice

At Terrence G. Quinn, PLC, our aim is to provide you and your family with simple planning that will ensure security for the difficult times in life.

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TGQ Law Intro

TGQ Law Intro

Bio

Terrence G. Quinn | Founder

Terrence G. Quinn is the owner and founder of The Law office of Terrence G. Quinn, PLC, which was founded in September of 2008. Currently holding a Certificate of Completion in the areas of Probate and Estate Planning issued by the Institute of Continuing Legal Education and the Probate and Estate Planning Section of the State Bar of Michigan, Terrence continues to serve his clients’ probate and estate planning needs. He also serves as a Business Formation and Planning legal consultant. Having been admitted to practice law in the State of Michigan since 2002, Terrence has also been a member of the State Bar of Michigan, the American Bar Association, the Wolverine Bar Association and numerous charitable organizations in his local community. Terrence is also an associate pastor at Christian Love Fellowship Ministries International in Ypsilanti, Michigan, a husband, and father of two.

Bio

U of M Alum | National Champion

Terrence received his law degree from the University of Michigan Law School in 2002. While in law school he served as Recruiting Coordinator for the Black Law Students’ Alliance and was a Contributing Editor to the Michigan Technology and Telecommunications Law Review. Clearly representative of the best in students and student athletes-while in undergraduate school also at the University of Michigan, Terrence was also an active member and letterwinner of the U of M Football team between 1994 and 1997, including active involvement in the University of Michigan National and Big Ten Championship Football Team in 1997. He has been recognized by the City of Flint with “Terrence Quinn Day,” and by receiving the Key to the City, along with other honors.

Attorney at Law | Public Speaker

Terrence frequently conducts seminars and workshops discussing estate planning and good stewardship before church congregations and other organizations. If you are interested in securing a speaking engagement with Terrence, please contact him at (734) 330-2573.
Areas of Practice

Areas of Practice

Estate Planning and Consulting

Business Planning and Consulting

Consider the following questions:1) What would happen to your assets if you died? Who would care for your children?2) If you could no longer make decisions for yourself, who would make decisions for you, and what decisions would be made?Statistics show that 7 out of 10 people cannot answer these questions. At Terrence G. Quinn, PLC, our aim is to provide you and your family with simple planning that will ensure security for the difficult times in life. This is accomplished through efficient estate consulting, and relevant estate planning.>Learn more

In today’s economy, the business owners who are well prepared and founded on good planning are rewarded heavily when facing inevitable challenges. As such, it is important to maintain a strong relationship with an experienced attorney that can assist as you prepare for and navigate through those challenges. At TGQ Law, cost-effective and responsive legal assistance is provided for your business planning, transactions and other legal needs through: drafting and reviewing contracts, succession planning, commercial litigation, entity organization and planning, general counsel matters, non-compete and confidentiality agreements, and other business-related matters. Feel free to contact us any time.

Estate Planning

A properly-drafted estate plan ensures that the assets that you have worked hard to acquire pass according to your wishes. Understanding your interest in avoiding the costly probate process and avoiding tax liability, we inform you of the many options that exist in estate planning, and prepare the plan that best fits your situation. With significant training and experience in the areas of probate and estate planning, we want you to feel confident about the choices you make, and the attorney with whom you are working. Allow us to assist you in providing for the future of you and your loved ones.

Misconceptions of Estate Planning

10 Common Reasons to do Estate Planning

Estate planning is a good idea for many reasons. Here are some important ideas to consider.Estate Planning allows you to:1. Designate who will manage your affairs if you become disabled and when you pass away. 2. Avoid probate, during your lifetime and when you pass away. 3. Minimize the amount of tax payable by your estate at death. 4. Protect children from a prior marriage if you pass away first. 5. Protect assets inherited by your heirs from lawsuits, divorces and other claims. 6. Provide for children who may not be capable or experienced in managing money without giving them a windfall.”7. Insure that a specific portion of your estate actually gets to grandchildren, charities, churches, etc. 8. Eliminate potential liability associated with joint ownership.9. Protect a portion of your estate if you pass away first and your surviving spouse remarried.10. Assure an education for children/grandchildren, despite what they (or their parents) dream of doing with the inheritance.

Many people think that estate planning is not for them. The following misconceptions are commonly offered when estate planning is discussed:• Estate planning is only for the elderly. This is true, as elderly people are interested in having their assets protected and distributed according to their wishes upon their death. It is also true, however, that younger people are just as interested in such protection and distributions, especially if minor children are involved. Since death and disability can strike at any age, estate planning is for anyone who wants to have a smooth transition in such an event.• Estate planning is only for people who are married. Married people certainly need an estate plan. Single people, in some cases, need a plan even more. When you are single, state laws typically provide for assets to go to the parents or children, which sometimes places assets under the control of biological parents of minor children (such as ex-husbands, etc). This is often an unimaginable option for many. For unmarried individuals with neither children nor an estate plan, assets may go to parents or siblings, even when that is not the desired result. With a plan, the results that you desire can become a reality. • Estate planning is only for extremely wealthy individuals. Issues surrounding estate taxes often do become motivation for the wealthy to consult an estate planning attorney. Many of the elements of a comprehensive estate plan, however, such as communicating your health care wishes, providing for the well-being of you and your minor children, and passing on family values while creating incentives for heirs to behave in a desired manner are issues that affect everyone. Further, estate planning can help provide divorce and creditor protection for your spouse and children. • I don't have children, I don't need a plan! Some individual may not care what happens to their assets upon their death so they do not believe that they need a plan. Such situations may require more thoughtful planning than situations where children are involved. It is important to understand that estate planning includes provision for unfortunate situations of incompetency, where an individual finds himself or herself alive, but unable to make decisions for himself/herself. Proper planning will ensure that the individual will be properly cared for while alive, yet incompetent. • I don't need a Trust, because I have a Will. Generally speaking, having a will is better than having no plan at all. However, a will does not avoid probate. The probate system was established to take assets which were titled in the name of the person who died and re-title them to someone else. The probate court relies on either state laws, or a decedent’s will to determine how to re-title those assets. If a properly drafted trust is established, and the assets are in the trust, they can avoid the public process of probate and the potential costs and delays involved. • I don't need to do estate planning because I am never going to die. Yes you are! Simply put, estate planning is for those that are single, married, with children, without children, young and elderly. Estate consultations with TGQ Law will help you get the most out of life while preparing for the possibility of incapacity or death. We can help you choose the plan for you and your family.

Please print and fill out one of the following forms to begin your Estate Plan. You may mail or email the completed form to TGQ Law.

Single Individuals Married Couples

estate_plan_datasheet.single.pdf

estate_plan_datasheet.married.pdf

Info

Form

AddressTerrence G. Quinn, PLC2232 S. Main St., #342Ann Arbor, MI 48103Telephone1.734.330.25371.734.662.9779 (fax)Emailtquinn_tgquinnlaw.com

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