Estate planning is extremely important for Michigan residents. It helps to ensure that people have a plan for their assets in the event of their death. With the proper estate plan in place, people can help their families avoid unnecessary taxes and a long probate process. This can be immensely helpful following a person's passing.
What is a 'small estate' in Michigan?
Every Michigan resident is unique. People have their own interests, passions and fears. Similarly, every person's estate looks different when he or she passes away. While some estates are large and complicated, others may be much more straightforward.
When can a patient advocate be designated in Michigan?
In Michigan, those who are seeking to have a patient advocate designated need to understand what the law says about this decision, and how it can be completed legally. If the proper rules are not followed, then it might be disallowed. A person who is 18-years-old or older and is deemed to be of sound mind when making the patient advocate designation can place another individual who is 18 or older to be in charge of various issues for the person making the designation. These include care, custody and treatment. The patient advocate will also have the right to donate parts of the person's body after death.
Actor dies without will leaving litigation
When people are young, they don't often think about the consequences of failing to have an estate plan. In fact, many people may not even think about their estate plans or find it necessary to create one. When people think about death, they often associate it with older individuals. Sadly, no one is immune from an untimely death. Therefore, even young adults need to consider their estate planning needs.
