For Your Own Good Understanding Michigan Estate Planning

Jan 27 2012First Common Estate Planning Mistake

Avoid the issue completely. Many people find it uncomfortable to deal with their own estate plan because of the underlying issues of death and disability.  Others simply assume that they do not need an estate plan until they reach retirement age.  However, every adult should have some estate plan to cover not only the distribution of assets upon death, but also management of assets during incapacity.  As we all know, death or incapacity can strike at any age.  If you fail to plan for those possibilities, the expense, confusion, and additional stress upon your family or others that you leave behind can be tremendous.