If you want any input on what will happen to your assets, you need an estate plan. Otherwise the state of Michigan will have one for you, and it will almost certainly not be consistent with your wishes.
A proper estate plan should account for all of your important assets, and this includes any real estate, cars, bank accounts, investments accounts, jewelry, and even family photo albums. You should have a plan for all the things that are important to you, no matter how small. Without a well crafted estate plan, you are likely to leave your heirs with additional costs, wasted time and perhaps worst of all, the potential for ugly disputes. The last thing you want is to cause headaches for the ones you love. Our experienced Norton Shores estate planning team will help you craft a plan that truly suits your needs.
Most likely, one of the first things on your mind is making sure that your loved ones are protected. A properly prepared estate plan can ensure that your assets get to your loved ones as quickly and painlessly as possible. We can help you write a will, establish a family trust, or both. We will use an estate planning strategy that is tailored to fit individual needs. In some cases you may have business assets you need to account for, or perhaps you have a cherished pet that also needs protection. Regardless, we can help ensure that your assets go exactly where you want them to go.
Our team is all about cost effective solutions. We want to protect your estate from excessive expenses. Legal and financial expenses can eat away at the value of your estate. We can help you prepare ahead of time to minimize your costs so that your assets are still intact by the time they get to the ones you love.
An important part of estate planning is considering how to proceed in the event that you become incapacitated. Proper planning for potential medical, financial and legal needs is critical. We can help you will all elder law issues including establishing a durable power of attorney, an advance medical directive or any other issues that might arise. If you require long-term care, we can help you work with Medicaid to ensure that you get the medical attention you truly need.
Estate planning can go along way towards reducing disputes within your circle of loved ones. You want your assets to help benefit them, not to become a source of discontent. While estate planning can never guarantee that a dispute or hurt feelings will not arise, it can go a long way towards alleviating those issues. This is especially important if you have a substantial amount of assets, you will need a clear plan outlining your wishes.
It is never too early, or too late, for estate planning. At the Law Offices of David L. Carrier, P.C.we can help you achieve the peace of mind that only comes from knowing that you are fully prepared. Best of all, we will make sure that your estate plan is flexible so that you will always be able to adjust it no matter what surprises life offers. If you have any questions or concerns about estate planning in Michigan, we would love to hear from you. Please feel free to give us a call today!