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Everyone Should Prepare for the Future
Affordable Estate Planning Lawyer in Metro Detroit
While you are young and healthy, estate planning may seem unimportant, or at least something that can be put off to a later day. At Allyn Smith Law Group, PC, however, we believe that it is very important to be proactive and take charge of your future now.
Many people are under the mistaken idea that estate planning is only for the elderly or the rich. Everyone needs to be prepared for the future. Let our firm guide you through the process of estate planning, so that you can be prepared for your future and relieve the burden of decision-making on your loved ones should you ever become incapacitated, or after you pass away.
Estate planning is a tool for individuals to empower themselves. If you do not state your wishes about what you want to happen in the future, the state will decide for you. Don't let that happen - take charge of your life. Contact us today.
What Is Estate Planning?
Estate planning is used to communicate your wishes about your health care and the distribution of your assets. Estate planning includes a variety of legal instruments and arrangements to accomplish your desired goals:
- Wills: Simply put, a will is an instruction guide for the distribution of your assets and the payment of your debts upon your death. You can also specify your wishes regarding burial or cremation.
- Trusts: Trusts are like wills in that they can not only designate how to distribute assets, but they also protect assets for tax purposes and provide more control and protection of assets from creditors and lawsuits.
- Living wills/advance health care directives: These documents can dictate your terms of care if you become incapacitated.
- Powers of attorney: Powers of attorney allow you to designate a person who will make medical and/or financial decisions under circumstances that you specify. The scope, duration and purpose are decisions that are entirely up to you.
Depending on your particular circumstances, some or all of these documents can help you effectively protect your assets, take control your healthcare decisions and protect your family's future. Contact us today to discuss what options are in your best interest. Your initial consultation is free. We are available by appointment 9 a.m. to 5 p.m., Monday through Friday, with evening and weekend hours also available by appointment.
Allyn Smith Law Group, PC
31333 West Thirteen Mile Road
Farmington Hills, MI 48334
Toll Free: 877-839-3250
Telephone: 248-855-2550
Fax: 248-741-6154
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