Preserving your family’s wealth for future generations
Whether you’re planning the parameters of your future medical care or establishing support for loved ones upon your death, I can help with all aspects of trusts and estates issues, including:
Securing your legacy
I will thoroughly analyze your estate and strategize the best means of transferring your assets, minimizing taxes, establishing guardianship for your children, supporting personal philanthropic causes, protecting your loved ones, and even caring for your pets.
Draft your living will and last will and testament
A will is essential at every stage of your life. Your living will sets the parameters for medical intervention should you become incapacitated. Your last will provides the opportunity to distribute your property, establish care for your children, and otherwise express your wishes upon your death. A will is necessary if you intend to leave property to a person or entity other than a blood relative, such as a domestic partner, a friend or a charity. If you die without a will, the court determines how your property is distributed, and even who cares for your children – making decisions that might not reflect your desires.
Let me assist you in ensuring your children, and your hard earned assets are protected. Do not leave these important decisions to the State of Michigan.
Changing your will
As your life changes, so might your estate plan. You may need to update your will throughout your life. I can draft a codicil to your existing will, or provide you with updated documents that address changes in your financial situation, marital status, number of children, philanthropic interests and general lifestyle decisions based upon your individual needs.
Appointment of guardianship
If you have minor children, your will allows you to make decisions about their future care. This is especially crucial if you are a single parent or if both parents die in a common incident. If you do not name a guardian, the court will appoint a guardian for your children and can make decisions adverse to your ultimate parenting goals. To some folks, their pets are their children. In that instance, you can make arrangements for your pets’ care in your will, including naming a guardian to take responsibility for your pets.
Contact an estate planning law firm you can trust.
Call Wolf Law Group at 269-673-2105 or contact us online to schedule a consultation.
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