Estate planning allows people of all ages and backgrounds to protect the future of their assets and loved ones when they are no longer around to do so themselves. Having a comprehensive plan is important regardless of a person’s age or financial status. There are a variety of ways that an estate plan can be created, which is why it is best to have the guidance of an experienced legal team during this time. The attorneys at Collis, Griffor & Hendra have assisted clients in Ypsilanti, Michigan, for 30 years as they face their estate planning and administration needs. To speak with a Michigan estate planning attorney regarding the wishes you have for your estate, contact a Ypsilanti estate planning attorney at Collis, Griffor & Hendra today
Our Legal Services
Clients in Ypsilanti, Michigan, who are facing matters of estate planning and administration can put their faith in the legal team at Collis, Griffor & Hendra. We are proud to not only guide people through the process of creating a personalized estate plan but also assist family members who are tasked with the responsibility of administering a loved one’s estate. The following are some of the estate planning matters we are experienced in:
Why Estate Planning Should Be Reviewed Regularly
Creating an estate plan is an important first step, but it should not be the last. Life circumstances change over time, and an estate plan should reflect those changes to remain effective. Major events such as marriage, divorce, the birth of a child, or the acquisition of new assets can all impact how an estate should be handled. Even changes in the law may affect certain provisions within a plan.
By reviewing and updating an estate plan on a regular basis, individuals can ensure that their wishes continue to be carried out as intended. This also helps avoid unnecessary confusion or disputes among family members in the future. Working with an experienced attorney can make it easier to identify when updates are needed and ensure that all documents remain legally sound.
What Happens Without an Estate Plan?
When a person passes away without an estate plan in place, their assets are distributed according to Michigan’s intestacy laws. This means that the state determines who receives property, rather than the individual making those decisions ahead of time. In some cases, this may lead to outcomes that do not align with what the person would have wanted.
In addition, the absence of an estate plan can create delays and added stress for loved ones. Probate proceedings may take longer, and disputes are more likely to arise when there is no clear guidance regarding a person’s wishes. Establishing a plan in advance can help reduce these challenges and provide clarity for family members during a difficult time.
Contact a Ypsilanti Estate Planning Attorney
Matters of estate law can often be complicated and confusing. That is why it is best to have the assistance of a legal team that can be sure that each step is completed properly. The attorneys at Collis, Griffor & Hendra are prepared to help clients facing any stage of estate planning or administration. To schedule a consultation with a skilled attorney, contact Collis, Griffor & Hendra today.
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