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Current Studies show that 67% of adults in the United States do not have a Living Will. The question is often asked, “Do I need a living will?” The answer is usually yes. A living will is a gift to your family and friends. It provides clear direction to help prevent confusion and family disputes.
Unless you want the State of Michigan to determine who gets your money and possessions, you need a living will. If you die without heirs and a living will, the State of Michigan will get your property!
Wills are not something that should wait until you are older or experiencing a life-threatening illness. Your will document decides who will get your house, car, personal items, bank accounts, pets, and more. You can also express your funeral preferences in your Living Will. As well as appoint someone to make arrangements if something happens to your loved one.
All wills should be updated as your circumstances in life change. "I recommend reviewing different wills every five years. Also, wills are just the first steps in an estate plan. Once established, it will be eaiser for your family and friends to care for your needs and carry out your wishes before and after your death. You may want to consider further estate planning with a power of attorney, a trust, or deeds. I’d be happy to consult with you to help you make the best decision for your situation. Call us at 734-481-1234.
Email us at jbarr@barrlawfirmcom. or visit us at 105 Pearl Street Ypsilanti, MI 48197
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