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“Estate planning might sound like something that’s just for wealthy people with huge beach houses and billions in the bank. However, the truth is that estate planning is something we all need to think about.”
“While it’s an honor to be asked to be the guardian of someone else’s children in the event of a tragedy, there are three key considerations before agreeing to be named guardian in estate documents.”
“Just 34% of adult Americans have an estate plan and 37% of respondents said they didn’t have a plan at the ready.”
“As a kid reaches 18, they’re an adult in the eyes of the law. Therefore, your parental authority no longer exists and in turn you can lose access to information.”
“There are two documents everyone needs in their estate plan: The Durable Power of Attorney (DPOA) and a Health Surrogacy or Advanced Health Directive.”
“A critical item is often missing from back-to-school college checklists — and it could be far more valuable than anything else your student takes to school this fall: signed legal documents.”
“As soon as you are an adult, you should have an estate plan in place.”
“Incapacity can occur because of illness or an accident. It can be temporary or permanent. That’s why every adult needs a power of attorney in place, once they turn eighteen.”
“Nobody likes to talk about it, but death is inevitable for all of us. Therefore, you should count every moment as a blessing. Beyond this, you should remember there’s no time to waste, when it comes to preparing for your eventual passing.”
“A power of attorney is a legal document with which a principal authorizes an agent to act on the principal’s behalf and for the principal’s benefit.”
No matter where you are in life’s journey, we are here.
Whether you need to create an estate plan, protect minor children, need help with long-term care, or you own a business, our caring team can help.
We have 3 convenient locations throughout Mid-Michigan and are ready to serve you.
Take your first step by contacting us today.
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We want our clients to experience peace through planning.
We can help with Estate Planning, Elder Law, Probate & Estate Administration, Planning for Minors, Business Planning, Veteran’s Benefits, and Special Needs Planning.
Disclaimer: The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation.
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