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Estate planning isn’t about how much money you have, it’s about protecting what you have for you, during your life and for those you love, after you’re gone. It ensures what you have gets to the people you love, the way you want, when you want.
If you were to die today, are you comfortable everything will be taken care of the way you want? Estate planning is legally ensuring your “stuff” will be handled the way you want by providing sufficient instructions.
Estate planning really is for everyone. It doesn’t matter if you have $40,000 or $400,000. You still have to plan for the future. Whether it’s to name a guardian for your minor children or ensure your children don’t blow through your assets if you unexpectedly die or become disabled (Terri Schiavo case).
Estate planning can only be properly performed by attorneys, and it can be as simple as a customized Will, Health Care Power of Attorney, and a Financial Power of Attorney. These basic documents should be drafted by an experienced estate planning attorney to make sure that they suit your needs, cover all the needed powers and allow your agents to preserve your rights and carryout your wishes.
Estate Planning can also include a revocable living trust, asset protection trust, multi-generational (dynasty) trust, tax-saving charitable trust, or a special needs trust.
Want to ease your mind and make sure you and your loved ones are protected?
We understand that to you, an estate plan is more than just a financial decision; it is a decision that will have a long-lasting and direct impact on your loved one ones. As such, all estate planning strategies that are employed are tailored to your specific needs. No two estates nor families are alike, and your estate plan should reflect that.
Our law firm is one of the most experienced estate planning law firms in the country, with more than 34 years’ background helping clients in Michigan. In fact, our firm has assisted more than 10,000 families with their planning needs, resulting in millions of dollars of life savings and assets protected.
For more answers to your questions contact us today!