What are the estate planning documents I should have?

When it comes to estate planning in Michigan, there are a few essential documents that you should consider having. First and foremost, you should consider having a Last Will and Testament. A Last Will and Testament is a legal document that will outline your wishes for the distribution of your assets after you pass away. You can also use the document to appoint a guardian for any minor children and to name an executor to ensure that your wishes are carried out. Another important document for estate planning in Michigan is a Living Will. A Living Will sets out your medical wishes in the event that you become unable to make decisions about your health in the future. This document lets you make the decisions now, so that your family and doctors will know your wishes if you become incapacitated in the future. In addition, you should consider having a Durable Power of Attorney. This document allows you to appoint someone you trust to act on your behalf in the event that you become incapacitated. This document is important to ensure that your wishes are carried out if you become unable to act on your own. Finally, you should consider having a Trust. A Trust is a legal entity that you can use to manage and control your assets during your lifetime and after your death. A Trust can be used to protect assets from creditors, provide for family members who may be financially dependent on you, and provide for the orderly distribution of your estate. In conclusion, these estate planning documents are important to help you ensure that your wishes are carried out after you pass away. If you have questions about estate planning in Michigan, it is important to consult with an experienced attorney.

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What are the estate planning documents I should have?

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