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Estate Planning Considerations

March 10, 2009

Filed under: Estate Planning,Holistic Estate Planning,Special Needs Planning,Special Needs Trusts — Christopher J. Berry | Estate & Elder Law Attorney @ 1:52 am

I was reviewing my materials for an upcoming presentation.  One of the topics that I will touch on is why people seek out Michigan estate planning lawyers in the first place.  What are the thoughts, concerns and considerations that most people have in terms of their estate planning?  Some questions to ask are:

1) Do you have a plan in place to manage your care if you were incapacitated?
2) If you have minor children, what would happen to them if you died?
3) Whom do you want to take care of their needs?
4) Should your children receive their full inheritances at age 18?
5) Will some heirs need help managing large sums of money?
6) Are there any family members with special needs?

-Christopher J. Berry, Esq.
Metro Detroit Wills, Trusts, and Estate Planning Lawyer

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