Make a plan to protect your family and future
If you haven’t planned for the future, you could be risking everything. The direction of your life and that of your family can change from one day to the next. Without a will or trust, your estate, and other assets, could be subject to intestacy, which is when the state decides what to do with your property and finances.Don’t let your family get caught in a probate headache or a conflict after your passing.
Having your estate planning handled before any unfortunate circumstances befall you, such as losing your ability to speak on your own behalf due to a coma or other incapacitation, offers peace of mind in knowing your assets will be seen to and your loved ones will rightfully benefit from your wishes.
Michael can assist the bereaved with estate and trust administration. If you have a sizable estate and are concerned with ensuring the proper division of your assets, you may consider having an estate administrator work on your behalf.
You may think that you don’t need to hire an attorney for this process, that a simple last will and testament will do the trick. While having an updated will is essential for every adult, especially those with families, it is also important to consider other factors such as taxes, providing for future generations and more.
Passing along your business
Estate planning also helps determine the future of your business. This is carried out through a succession plan, which can hand off ownership or leadership of your company to a loved one or specific person within your company.
With more than 40 years of experience in handling estate and trust planning and estate and trust administration, Michael is efficient and thorough in making sure your estate is handled properly after your passing.