Estate Planning begins and ends with an open and honest conversation. Put simply, if you and your partner suffer a tragic fate, will your children be taken care of, will your possessions be handed out according to your wishes, and will you have a plan in place for anyone entrusted to make those decisions?
When Properly Designed, Estate Planning can:
Keep most (or all) of your assets from going through a costly and lengthy Probate Court process.
Name a guardian and financial manager to care for your minor children in case you no longer around.
Provide instructions to your loved ones regarding your wishes for a burial and funeral.
Minimize taxes, court costs, and unnecessary legal fees.
Protect your assets from getting into the hands of loved ones’ creditors.
Provide for your own care and protection in the event you become incapacitated or disabled.
Provide for the transfer of your business at your retirement, disability, or death.
Provide a means to pass along values to your children and family, including religion, education, work-ethic, and compassion!
Provide for family members with special needs without disrupting government benefits.
Provide for loved ones who might be irresponsible with money or who may need future protection from creditors or divorce.
Eliminate the opportunity for disagreements between your loved ones over how to handle your estate, assets, and burial.
“There is no escaping death, there is only planning for it. I invite you to take a look around at our resources and schedule a Free Family Assessment & Strategy Session to discuss how Estate Planning can help you and your family achieve a lasting peace of mind. ”
Learn the importance of having a healthcare proxy to protect your wishes during a medical crisis. Harp Law serves Detroit, Dearborn, Royal Oak, and Southeast Michigan.