Are you planning for the future in regards to your estate? Though no one in Ann Arbor MI likes to think of this, it’s important that you have a plan in place for your family when you are no longer here. With the help of an estate planning lawyer in Ann Arbor, MI, however, you can make things simple for everyone. Here are some things you should consider:
Draft Your Will
Creating a will is very important for everyone. It is not very expensive, but it is a legal document that allows you to give your opinion on your property and possessions.
Choose an Executor
Since you will no longer be around, you must name an executor. This is the person you trust to handle your estate after you pass. Not only should this be someone you can trust, but it should also be someone who you know will stick with your wishes.
Create a Living Will
A living will is also a good idea. This is for those instances where you might get in a very serious accident or otherwise be unable to communicate with people around you. Since things can get messy in these situations, it’s always good to think about before you need it.
Update as Necessary
If you already have a will, make sure you update it regularly. You should review your will at least once a year to ensure that you don’t need to add something or take something out.
Communicate
Finally, even though you might have a will in place, it is also important to communicate your wishes to your family. This could be a very important step should things not work out as planned, such as if your will is contested.
Are you looking for an estate planning lawyer? Contact Hermanowski Law in Ann Arbor MI. Learn more online at hermanowskilaw.com