12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Five Essential Estate Planning Documents in Elberta, MI

Five Essential Estate Planning Documents in Elberta, MI


If you can begin to see death as an invisible, but friendly, companion on your life's journey gently reminding you not to wait until tomorrow to do what you mean to do- then you can learn to live your life rather than simply passing through it.
 
- Erich Lindemann


Estate planning is a form of financial protection for you, your family and your assets.

But Estate Planning can also be a source of disagreement among family members. In order to reduce family strife, proper estate planning should be done to make sure your desires regarding the family estate are legal and clear to avoid confusion and conflicts among the loved ones you left behind.

Important Estate Planning Documents

• The Advanced Health Care Directive. This document contains your healthcare preferences and is activated the moment you are no longer able to communicate your wishes. It will guide your family, doctors and other healthcare personnel as to the treatments you want or do not want. I also name the person who is authorized to make healthcare decisions on your behalf.

Power of Attorney for Asset Management. This document indicates the persons whom you trusted to handle your financial affairs. This can also indicate the areas of help that they can extend to you. This will help prevent conservatorship when you become incapacitated so completing this form is a must. Your agent can immediate act on your behalf as long as he or she has a durable power of attorney.

• HIPAA Release Form. The federal government passed a law that protects our health care information. This has made it difficult for family members to deal with health insurance when we are incapacitated. But completing the HIPAA release form in advance can make the accessing of your healthcare information easier for those you named in your health care directive or power of attorney. They will be the one to have to deal with the insurance matters on your behalf when you are no longer able to do so yourself.


• A Last Will and Testament. This is a common estate planning method to transfer properties to beneficiary after a person dies. Though it is inexpensive, a will undergoes a time and money consuming probate when the grantor dies. People with modest assets can be serve best by a Living Trust, but living trust can also need a will for additional coverage.

• A living trust. Confidentiality, less cost, flexibility and faster distribution are just some of the feature of a living trust. Large assets and properties placed in the trust can provide some estate tax benefits. One of the downsides of a trust is that it is quite expensive to create and maintain. Trust needs to be properly funded. All real estate property and other investments should be transferred to the trust. Conflicts in distributions can be avoided later if you properly document your trust, thus allowing the trustee to dispense the property as indicated in the living trust document. Family conflicts and disputes can be avoided after you are gone.


Taking advantage of the free previewing of various estate planning documents available at 12Law can help you choose the correct estate planning for your circumstances. This can ensure that the proper planning documents are utilized that can save your family from confusion and conflicts when you are gone.
 
Personalize & Print a Free MI Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free MI Power of Attorney Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Related Legal Services near Elberta, MI
Dodson Law Office P
567 Baldwin St
Jenison, MI 49428
(616) 667-9618
General Practice Attorneys, Attorneys
The Antisdale Terri PLLC Law Offices
2805 Pontiac Lake Rd Ste 2A
Waterford, MI 48328
(248) 706-9618
Attorneys, General Practice Attorneys, Legal Service Plans
Torres Enrique
7452 Asbury Park
Detroit, MI 48228
(313) 216-9561
Immigration Law Attorneys
Berens Terry L
513 Baldwin St
Jenison, MI 49428
(616) 457-9290
Attorneys
Nicewander Berens & Devries P
513 Baldwin St
Jenison, MI 49428
(616) 457-9290
General Practice Attorneys, Attorneys, Legal Service Plans
Anderson Russell C
2745 Pontiac Lake Rd
Waterford, MI 48328
(248) 682-8800
Divorce Attorneys, Attorneys, Criminal Law Attorneys, Family Law Attorneys
Miller Paul S
2745 Pontiac Lake Rd
Waterford, MI 48328
(248) 682-8800
Corporation & Partnership Law Attorneys, Attorneys, Business Law Attorneys, Real Estate Attorneys, G
Schmidt Isgrigg & Anderson
2745 Pontiac Lake Rd
Waterford, MI 48328
(248) 682-8800
Attorneys, Family Law Attorneys, Probate Law Attorneys, Wills, Trusts & Estate Planning Attorneys, L
Escobedo Elias J Jr
995 W Huron St
Waterford, MI 48328
(248) 682-8400
Criminal Law Attorneys,  Divorce Attorneys,  Attorneys,  Child Custody Attorneys,  Sex Offense Attor
Jenison, Craig A
501 Baldwin St
Jenison, MI 49428
(616) 457-8266
Criminal Law Attorneys,  Attorneys,  Personal Injury Law Attorneys,  Family Law Attorneys,  Divorce
Attorneys & Counselors of Ottawa County
1877 Georgetown Center Dr
Jenison, MI 49428
(616) 540-8183
General Practice Attorneys, Attorneys
Gary D Siegel
2893 Dixie Hwy
Waterford, MI 48328
(248) 673-8010
Bankruptcy Law Attorneys, Attorneys, General Practice Attorneys
Lubienski George R
23511 Ford Rd
Dearborn, MI 48128
(313) 563-7700
General Practice Attorneys, Attorneys
Finkelstein Arnold
1071 W Huron St
Waterford, MI 48328
(248) 681-7700
General Practice Attorneys, Attorneys
Bars Michael
255 N Telg Rd 204
Waterford, MI 48328
(248) 683-7060
Attorneys, Legal Service Plans
Clayton Mulder & Horan Law Ofc
3135 Dixie Hwy
Waterford, MI 48328
(248) 673-6789
General Practice Attorneys, Attorneys, Legal Service Plans
Donald R Dillon Jr
2850 Dixie Hwy
Waterford, MI 48328
(248) 673-6765
General Practice Attorneys, Attorneys, Legal Service Plans
Lemire John J
449 N Silvery Ln
Dearborn, MI 48128
(313) 278-6696
Mediation Services, Attorneys, Arbitration Services
Juby Jeff
8651 E US Highway 223 # C
Blissfield, MI 49228
(517) 486-6209
Attorneys, Real Estate Attorneys, General Practice Attorneys
Timothy Trichler
511 Baldwin St
Jenison, MI 49428
(616) 457-5100
Probate Law Attorneys, Criminal Law Attorneys, Divorce Attorneys, Attorneys
Hall & Associates Attorneys & Counselors At Law
4519 Highland Rd
Waterford, MI 48328
(248) 674-4844
Child Custody Attorneys,  Attorneys,  Family Law Attorneys,  Personal Injury Law Attorneys,  Automob
Van Houten Margaret M
25121 Ford Rd
Dearborn, MI 48128
(313) 278-4500
Probate Law Attorneys, Attorneys, Wills, Trusts & Estate Planning Attorneys
Romanzi Atnip, P.C.
2850 Dixie Hwy
Waterford, MI 48328
(248) 674-4404
Discrimination & Civil Rights Law Attorneys,  Personal Injury Law Attorneys,  Traffic Law Attorneys,
Riley Frank
107 W Jefferson St
Blissfield, MI 49228
(517) 486-4353
General Practice Attorneys, Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US