Contrary to popular misconceptions, estate planning is not only for older people or for wealthy people. Any adult with assets and/or a family should consider and select appropriate estate planning tools such as:
A will
Trusts
Health care directives
Powers of attorney
Get Your Will Reviewed
Perhaps you have a will from another state or from a previous phase of life. Now you have moved to Michigan or you have experienced life changes such as marriage, parenthood or starting a business. After any of these events or after a divorce or remarriage, you should consult with an estate planning lawyer about the best ways to protect your assets in the event of your death.
Almost no one wants to contemplate his or her eventual death. However, most people care about their parents, spouses, children or other close family members. Even adults without close family ties typically have causes they care a lot about such as organizations that better their communities. Learn how to protect family or strengthen designated charities with the fruits of your life's labors through a well-crafted will.
Make Decisions About Your Own Future Health Care
At the same time, you can make decisions now about your health care choices in the event you are incapacitated someday. Would you want your life to be prolonged artificially after a serious car accident, for example, or would you want to be kept comfortable as your main priority? These and other questions go into the creation of a health care directive that can save family members trouble in case of a serious health crisis.
Guardianships And Conservatorships For Minor Children, Incapacitated Adults And Disabled Persons
Andrea Banfield can advise you on these and other estate-related issues. Serving Livingston County and the vicinity, she also handles guardianships and conservatorships for minors, for adult children, for aging parents or for other people who are no longer able to take care of their own affairs.
For help with your Michigan will, trust and Power of Attorney:
