When Bloomfield Hills-based attorney David Das lost his father, he found himself struggling with more than just grief. Despite his father having had an estate plan, it was inadequate and Das still found himself in probate court, trying to recover lost assets. Many years later, it's yet to be resolved.
Soon after the death of his father, Das became a father himself and worried about what would happen to his son in the event of his own passing, especially as a minor. After years in a successful yet unfulfilling career as a litigator, Das decided to change course.
“I wanted to be a lawyer that individuals and families could count on in their time of need and to protect what they’ve built,” he says.
Das transitioned to estate planning, dedicating himself to learning about wills, trusts and wealth management and eventually founded Das Law (ddaslaw.com) in Bloomfield Hills in 2021.
Though it may seem daunting, Das says estate planning is ultimately an act of love.
“Estate planning is like setting up a protective bubble around everything and everyone you cherish,” he says. “It’s about ensuring your assets are shielded and will smoothly transition to the next generation. It’s making sure your children are cared for by people you deeply trust, and that all your affairs are in order so your family stays out of court and out of conflict.”
While some may think estate planning is only for the elderly or the wealthy, Das says it's crucial for everyone to be prepared, even if that means overcoming the challenge of facing one’s own mortality.
“Emotionally, it involves making tough decisions and having sensitive conversations with loved ones,” he says. “Practically, it requires potentially updating your plan and your life changes. Despite these challenges, the peace of mind and security that estate planning brings to your family's future is immeasurable.”
Das says procrastination is the biggest risk and advises that people start their estate planning process now, even if it’s only information gathering. The next step involves taking inventory of what matters most, including physical items, investments, accounts and — most importantly — loved ones, he says. From there, Das recommends that people consult with a professional who can tailor a plan that reflects their wishes, which could include wills, trusts and advanced directives.
“Many think of estate planning as preparing for the end, but I encourage people to see it as investing in the future — your family's future,” he says. “It's a way to say ‘I love you’ one more time, ensuring that your care and thoughtfulness resonate through generations.”