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November 2015 Archives

Take immediate steps toward estate planning, like a will

Michigan residents need to plan for the future. This doesn't just include planning for the coming days and weeks, but also for the longer-term. They need to plan for their deaths, for example. Estate planning and administration are important topics for Michigan residents to consider. People need to plan to ensure that their families are taken care of when they are no longer around.

Will the passage of time affect a power of attorney?

Michigan residents often need to give legal power to another individual for a specific purpose. This is particularly true for individuals who have a disability. In some cases, people only need to do this for a short amount of time. In other situations, people may need help for the duration of the disability. Often, signing a power of attorney to another individual can help to alleviate the person's struggles. With the power of attorney in place, an individual can rely on another to help make and execute important decisions.

Revoking power of attorney in Michigan

Michigan residents can fall ill in a number of situations. Often, an illness is just a passing discomfort. However, there are situations where a person can suffer from a degenerative illness that makes it difficult for the person to make decisions. A person may need help making financial decisions or healthcare-related decisions as the person fights through the illness.

Spouses can work together to create comprehensive estate plans

For many Michigan residents, estate plans may be in the back of their minds. Many people may recognize that it's important to have an estate plan in place, but they never take affirmative action to complete one. However, individuals should know that estate plans are not just important for one person, but they are important for the entire family.

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