Estate Planning In Dearborn, Michigan

Find the right Estate Planning attorney in Dearborn, MI

Estate planning in Dearborn, Michigan is simply the act of deciding what you want to happen to your assets after your death. It typically entails making plans about funeral arrangements, as well as plans for end of life care.

Usually, the first thing a person thinks about when they think about estate planning is a will. A will dictates what occurs to a person's property after they die. In general, you can leave your property to whomever you want, and attach almost any condition to such gifts. In the vast majority of estate plans, a will is the central component. It is rarely the only one, however.

For instance, a reliable estate plan will include a living will, which gives your family members and healthcare professionals instructions about your medical care, to be followed in the event you become incapacitated. You should also include your funeral arrangements, and your preference with respect to organ donation.

Crucially, your plan should make arrangements for the care and custody of your children, if they are minors. Nonetheless you should initially discuss this matter with the person who you intend to take custody of your children in case something happens to you, to make sure they are willing and able to do so.

What Type of Estate Plan Do I Need in Dearborn, Michigan?

Obviously, this depends on your needs, which you will have to figure out for yourself. Some basic considerations in making this decision, however, are your health, age, and the amount of assets involved.

For instance, if you are in your 20's and unmarried, an estate plan likely does not need to be on your priorities, unless you are very ill, or independently wealthy.

Individuals who are, for varied possible reasons, unwilling or unable to get married, but are in committed, lifelong relationships, are perhaps most in need of a good Dearborn, Michigan estate plan. Because couples who aren't married don't automatically get any of the legal rights (such as hospital visitation, inheritance rights, and power of attorney) that come with marriage, they have to secure these rights through other means, such as wills and power of attorney agreements.

If you are very old, and have a considerable estate in Dearborn, Michigan, you should definitely come up with an estate plan if you haven't already. Admittedly, this includes confronting some unpleasant and morbid subjects, but it is still very essential. Estate planning is essential if you care at all what happens to your property, and, more importantly, your loved ones, after you die.

Do I Need a Dearborn, Michigan Estate Planning Attorney?

Because estate planning in Dearborn, Michigan can involve some perplexing legal and financial issues, it is necessary to undertake this task with the guidance of an experienced attorney who specializes in estate planning.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Dearborn

Dearborn is in Wayne County, Michigan. It is the eighth largest city in the state. Ford Motor Company has its world headquarters in Dearborn, and the city is the home of Henry Ford. In fact, there is a community college (Henry Ford Community College) named after Mr. Ford. Another interesting fact about Dearborn is that it has an attraction called The Henry Ford, which is America's largest indoor-outdoor museum complex.

Along with Mr. Ford, some other notable residents include Johnny Pacar, Stavros Paskaris, George Peppard, Rima Fakih, David Burtka, Derek Lowe, Bob Seger, and Nancy Milford.

Some of the largest employers in Dearborn include Ford, the Oakwood Health System, Visteon, Dearborn Board of Education, Lear, United Technologies Auto, and Dearborn Stamping Plant.

Dearborn is also home to many attorneys who work in law offices and firms, and practice in various areas of law. Thus, the legal needs of residents and businesses is in good hands.

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