Call (248) 399-6985 to see how I can solidify your future plans. KEEP YOUR VOTE!!! I have spent many years working in the legal field in different occupational environments. Presently, I have been an attorney for quite some time. I opened my own law firm called, LAW OFFICE OF ADRIENNE C. WATTS, PLC, about ten years ago. I love this area of the law. Estate Planning is a very necessary field for the
active and the resting. It allows individuals to solidify their future plans for everyone involved. Estate Planning includes anyone who owns property—a home, a car, a bank account, investments, business interests, a retirement plan account, collectibles, personal belongings, etc. It allows you to direct how and to whom your property will be distributed after your death. If you have no Estate Plan at all, your property could be distributed according to your state’s intestacy laws without regard to family needs or your desires. Estate planning is an ongoing process. For a young, single person, an estate plan may consist of simply a Will. A couple just starting out, may have Wills, own a modest home and bank accounts in their joint names. When children arrive, naming a guardian and arranging to provide for them in the event of an unexpected death or incapacity also becomes estate concerns. Once an individual starts to realize his or her financial and family goals, they can access their future through estate planning. Important Documents Include:
*Living Trust
*Durable Power of Attorney
*Letter of Instructions
*Document Locator
*Last Will and Testament
*Health Care Power of Attorney (Patient Advocate)
Questions You Should Ask Yourself:
*Is it really a good idea to make one of my children joint owner with me on my bank account? My home?
*How do I protect the assets of my child who receives government benefits?
*What is probate and does it cost a lot in time and money?
*What will it mean to me if I name someone to help me under a Durable Power of Attorney?
*Do I need a Will if I have a Durable Power of Attorney? A Trust?
*How much does it cost to do Asset Protection Planning? If you need answers to these very simple but pertinent questions, please feel free to contact me at (248) 399-6985. We offer a FREE one (1) hour consultation so we can help you sort things out smoothly by getting to know your individual situation. Understanding and a piece of mind is just a call away!!!