Everyone has an estate it is what you leave behind when you pass on. Estate Planning is not only for the wealthy. An “Estate Plan” is a customized process which allows everyone, regardless of the value of their assets, to specifically direct what will happen to them, their families, and to their property in the event of disability or death. There are various components to the estate planning process. The type of plan you need will vary depending on a variety of factors. Factors affecting your particular Estate Planning needs are things such as: your marital status, whether or not you have minor children, whether or not any disabilities exist, the value of your assets, your particular family situation, and whether or not you own your property alone or with someone else. These are only a few of the issues which will have an impact on the type of Estate Plan you may need. Without an Estate Plan the Courts will decide how to distribute your property, there may be unnecessary taxes and court fees, and disputes could arise between family members.

Anyone seeking estate planning advice should bear in mind that the decision to carry out the plan is ultimately up to the individual and should express their specific wishes. Attorney, Maria L. Avesian can help you devise a plan which best fits your Estate Planning goals. Practicing in Shelby Township and serving Macomb, Oakland, and Wayne counties contact Maria L. Avesian today to schedule an appointment.